Common use of Recurrent Charges Clause in Contracts

Recurrent Charges. 4.12.1. Council may request developers, through a Planning Agreement, to make Development Contributions towards the recurrent costs of public facilities. Where the public facility primarily serves the development to which the Planning Agreement relates or neighbouring development, the arrangement for recurrent funding may be in perpetuity.

Recurrent Charges. 4.12.1. Council may request developers, through a Planning Agreementplanning agreement, to make Development Contributions development contributions towards the recurrent costs of public facilities. Where the public facility primarily serves the development to which the Planning Agreement relates or neighbouring development, the arrangement for recurrent funding may be in perpetuity. However, where the public facility or public benefit is intended to serve the wider community, the planning agreement will only require the developer to make contributions towards the recurrent costs of the facility until a public revenue stream is established to support the ongoing costs of the facility.

Recurrent Charges. 4.12.1. Council may request developers, through a Planning Agreement, to make Development Contributions development contributions towards the recurrent costs of public facilities. Where Wherever possible, this will be calculated as a fixed payment to provide certainty as to the public facility primarily serves total cost of such a contribution, and to ensure there is an end point to the development to which the Planning Agreement relates or neighbouring developmentcontribution. Upfront payment will be preferred, the arrangement for recurrent funding though in certain cases periodic payment may be in perpetuitynegotiated at Council’s discretion.

Recurrent Charges. 4.12.1. The Council may request developers/proponents, through a Planning Agreement, to make Development Contributions development contributions towards the recurrent costs of public facilities. Where the public facility primarily serves the development to which the Planning Agreement relates or neighbouring development, the arrangement for recurrent funding may be in perpetuity. Where the public facility or public benefit is intended to serve the wider community, the Planning Agreement may, where appropriate, only require the developer/proponent to make contributions towards the recurrent costs of the facility for a set period which will be negotiated according to the impact of the development.