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Ordinary Council Meeting - Hastings Council - NSW Government

Ordinary Council Meeting - Hastings Council - NSW Government

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PORT MACQUARIE-HASTINGS COUNCIL<br />

The works have a total estimated value of $107,743.35. The current estimate as submitted by<br />

the applicants has been verified by the <strong>Council</strong>'s Technical Services Manager.<br />

The developer’s proposal will allow for substantial improvements to the Bridge and Gore Street<br />

intersection and access to the Bridge Street Public Car Park without significant financial<br />

implications for <strong>Council</strong>.<br />

A formal Works in Kind Contract will need to be executed to formalise the developer’s offer.<br />

The contract will provide for the offset of $107,743.35 equivalent to 13.282 parking spaces at a<br />

current rate of $8,112 per space under <strong>Council</strong> Parking Contribution Plan. Provision will also be<br />

included to allow for standard rise and fall variations in the cost of the work which will need to be<br />

verified by <strong>Council</strong>'s Technical Services Manager.<br />

A cash contribution will be required for the remaining car parking space shortfall in accordance<br />

with the development consent.<br />

Alignment With Strategic Direction<br />

The proposal will allow the construction of a work proposed at the intersection of Gore and<br />

Bridge Streets, Port Macquarie, consistent with <strong>Council</strong>’s future plan for intersection works,<br />

concept future streetscape works and proposed kerbing and footpath works in the vicinity of the<br />

subject site as well as works required for access to the Bridge St Public Car Park.<br />

PAGE 89

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