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
ANZAC Day events across South Gippsland and other shire council updates
Gippsland students urged to enter National Water Week poster contest by 6 September 2024
Have your say and help develop Trafalgar Structure Plan through online survey by 20 May 2024
Stay vigilant and report scams to IDCare on 1800595160 as over 500,000 Aussies lose $3B in 2022
Tim Bull visits Gallipoli and honours fallen locals such as Basil Hooper, Vern Brookes, Thomas Bell, and Thomas Haylock
Community feedback needed for East Gippsland Shire Council Draft 2024/25 Budget by 29 May 2024
Fresh food tax criticised by industry as lack of clarity on payment and collection will harm families and farmers
Russell Broadbent seeks answers to 20% increase in cardiac arrests by advocating investigation to include vaccine mandates
East Gippsland Shire Council highlights telecommunications infrastructure when advocating over thirty goals for community resilience and development