Gippsland › Latest news › Wellington Local News
Wellington Shire Council adopts Funding and Procurement of Public Infrastructure Works Policy to develop land for housing and provide employment growth
Wellington Shire Council has adopted a policy which will help unlock much-needed residential land in the main urban centres of the municipality.
The policy will allow council to consider the funding of key development infrastructure up front, such as drainage retention basins and road intersection upgrades. Developers would later return costs of the upgrades to council as land development progresses.
Funding and Procurement of Public Infrastructure Works Policy provides for a consistent, orderly and equitable approach to the funding and procurement of Public Infrastructure Works required
Forward funding
Wellington Shire Council Mayor Cr Ian Bye said that by 'forward funding' key infrastructure, council would make it easier to develop land for housing and employment growth. "Like many parts of Gippsland, Wellington Shire is experiencing a shortage in housing and rentals." Cr Bye said.
"When a developer is considering opening up land for a housing development, there is key infrastructure that often needs to be in place for this to occur - infrastructure like drainage basins and upgrades to existing road intersections to access the new housing." Cr Bye said
Recoup the infrastructure costs
Cr Bye added, "By having a consistent policy to assess whether council can fund some of this key infrastructure up front, it will go a long way towards making it easier for developers to unlock some of that much-needed land for housing. We would recoup the costs of any infrastructure upgrades from the developers as their developments progress."
The Funding and Procurement of Public Infrastructure Works Policy sets out criteria that council will evaluate on a 'case-by-case' basis when considering forward funding of infrastructure. Implementation of the policy will depend on council securing money for a forward funding program.
Pictures from Wellington Shire Council Facebook page.
Source: www.gippsland.com
Published by: news@gippsland.com
Latest News
Bass Coast Shire Council draft 2024/25 Budget ready for community input prioritising $25M for climate-focused projectsCommunity feedback wanted on Wellington Shire Council draft 2024/25 budget by 6 May 2024
East Gippsland Shire Council starts remediation of Bastion Point groyne rock wall to address its deterioration
Photo contest winners from West Gippsland Catchment Management Authority showcase regional waterway beauty
Wellington Renewable Energy Impact Study prioritises community input in renewable energy decisions and transition
East Gippsland Shire Council makes the expanded mobile library service permanent following successful trial
Search for new East Gippsland Water Managing Director as as Steve McKenzie East not to do another term after navigating bushfires and pandemic
Community feedback wanted on Latrobe City Council draft 2024/2025 Budget by 6 May 2024
Latrobe City kindergarten enrolments for 2025 will open on 1 May 2024 with open day on 7 May 2024
Tim Bull urges increased roads and health funding from horror Budget from wasteful Allen Labor government