| Code |
05ROAD3058 |
| Project Area / Project Category |
Area 5 / Roads and Traffic |
| Location |
Milton |
| Description |
Corks Lane (Princes Highway link road and associated works) |
| Strategy |
To provide improved, efficient and safe public road networks for increasing traffic volumes associated with development demand. |
| Project Estimate |
$3,100,000.00 in July 2018 |
| Indexed Estimate |
$3,203,106.00 |
| Apportionment |
The apportionment to future development is 100%. |
| Nexus |
The project is critical for ensuring that new development pays an equitable apportionment of costs associated with providing a suitable road network which directly services demand created by development. In addition to contributions provided by development, Council will provide $188,807 (value in Oct 2006) which represents 50% of the cost of Project C (see supporting information). |
| Supporting Information |
Supporting information can be found here. |
| Land Acquisition Estimate |
$283,340.00 in Nov 2006 |
| Timing |
Development dependent. |
