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ACW-Development-Contributions-Plan - City of Greater Geelong

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7.6. ADMINISTRATIVE<br />

PROCEDURES<br />

The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>’s Financial Services Department will undertake ongoing accounting<br />

and review <strong>of</strong> this DCP in terms <strong>of</strong>:<br />

• The relevance <strong>of</strong> projects listed in the DCP;<br />

• The level <strong>of</strong> contributions collected;<br />

• The construction costs <strong>of</strong> infrastructure projects;<br />

• The land costs <strong>of</strong> infrastructure projects;<br />

• Updating the DCP to reflect any relevant amendments to the <strong>Plan</strong>ning and Environment Act<br />

(1987), or any new Ministerial Directions relating to development contributions.<br />

The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> Strategic <strong>Plan</strong>ning Department will be required to undertake a formal<br />

review <strong>of</strong> this DCP every five years during the lifespan <strong>of</strong> the DCP.<br />

Funds collected through development contributions will be held in a specific interest-bearing<br />

reserve account in accordance with the provisions <strong>of</strong> the <strong>Plan</strong>ning and Environment Act (1987). All<br />

monies held in this account will be used solely for the provision <strong>of</strong> infrastructure as itemised in this<br />

DCP.<br />

If Council resolves not to proceed with any <strong>of</strong> the infrastructure projects listed in this <strong>Development</strong><br />

Contribution <strong>Plan</strong>, the Responsible Authority will comply with section 46(Q) <strong>of</strong> the <strong>Plan</strong>ning &<br />

Environment Act (1987).<br />

7.7. METHOD OF O PROVISION<br />

Responsibility for the delivery <strong>of</strong> infrastructure works as described in this DCP resides with the <strong>City</strong><br />

<strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>.<br />

Infrastructure works may be provided by developers with a credit provided against their<br />

development contribution, subject to the agreement <strong>of</strong> the Responsible Authority. The process by<br />

which developers may receive this credit is outlined in Section 8 - Implementation Strategy.<br />

ARMSTRONG CREEK WEST PRECINCT<br />

DEVELOPMENT CONTRIBUTIONS PLAN<br />

CITY OF GREATER GEELONG<br />

23 URBAN ENTERPRISE PTY LTD<br />

NOVEMBER 2011

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