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Public Notice - Approval of Parramatta City Centre Local Infrastructure Contributions Plan 2022
Notice is hereby given that on 14 June 2022, City of Parramatta Council resolved to approve the revised Parramatta City Centre Local Infrastructure Contributions Plan 2022 (Contributions Plan) for submission to the Department of Planning and Environment (the Department) for final assessment and approval. The Contributions Plan was further approved by the Department on 14 September 2022.
The Contributions Plan will apply to the Parramatta Central Business District and repeals the Parramatta CBD Development Contribution Plan 2007 (Amendment 5). A development contribution levy will be imposed on all new development with a cost exceeding $250,000. The levy will be applied as a percentage of the development cost as outlined below:
|
Development |
Percentage levy ‘Area A’ |
Percentage levy ‘all other land within CBD’ |
|
Residential Accommodation where the total development cost is over $250,000 |
3% |
5% |
|
Mixed-Use development (development including residential accommodation and other land uses) where the total development cost is over $250,000 |
3% |
5% |
|
Other development (excluding residential accommodation) where the total development cost is over $250,000 |
3% |
4% |
Details of ‘Area A’ and ‘all other land within CBD’ are provided on Figure 2 of the Contributions Plan which will be available online at https://www.cityofparramatta.nsw.gov.au/development/planning/development-contributions
The report and minutes relating to the revised Contributions Plan can be viewed online https://www.cityofparramatta.nsw.gov.au/council/council-meetings (refer to Item 13.9 in the Business Paper for Council’s meeting of 14 June 2022.)
The Contributions Plan will come into effect on 14 October 2022 and will be available online from that date at:
https://www.cityofparramatta.nsw.gov.au/development/planning/development-contributions
For further information or queries, please contact Council’s Infrastructure Planning team on 9806 5050 or at contributions@cityofparramatta.nsw.gov.au
