HEADS OF AGREEMENT TO ENTER INTO A VOLUNTARY PLANNING AGREEMENTHeads of Agreement • June 4th, 2019
Contract Type FiledJune 4th, 2019Parties Georges River Council (Council)ABN 57 789 014 855GTB Hurstville Pty Ltd (Developer) ABN 76 600 247 345 Background The Developer owns the Land.The Developer has lodged a Planning Proposal with the Council seeking to increase density and height of buildings on the Land for a mixed use redevelopment project.The Developer offers to enter into a planning agreement (the Agreement) with Council to make Development Contributions on the terms set out in this Heads of Agreement pursuant to s7.7(3) of the Act. Planning agreement under the Act The Agreement will be a planning agreement within the meaning of section7.4 of the Act. Application of the Agreement The Agreement will apply to: the Land; the commencement of the LEP Amendment, and the Development. Operation of the Agreement The Agreement will commence from the date the Agreement is fully executed by the parties.The obligation to provide Development Contributions operate on and from the date the LEP Amendment commences operation.