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Increased Equity in Infrastructure Costs

Posted by on Monday, August 06, 2007 (PST)

My campaign for a Contribution Plan for Commercial and Industrial Development has taken an important step with the Council resolving to put the draft plan on exhibition for 28 days.

My campaign for a Contribution Plan for Commercial and Industrial Development has taken an important step with the Council resolving to put the draft plan on exhibition for 28 days.

Commercial and industrial development creates a demand for infrastructure such as roads.

Previously, commercial and industrial developers did not contribute towards the cost of that infrastructure and it was subsidised by residents.

If Council adopts the plan when it comes off exhibition, there will be a much more equitable distribution of the costs of infrastructure.

If it is not passed, to pay for this infrastructure through the residential Development Contribution Plans would equate to an increase of $1000 per residential lot, placing further stress on housing affordability.


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