Executed Infrastructure Agreement - 12 Maple Street Cooroy - 132003.220664.4 (As Published)

2.1

2.2

2.3

24

3.1

3.2

3.3

INFRASTRUCTURE DEED

Application of Act

This Deed constitutes an infrastructure agreement under the Act.
Warranty of Ownership

The owner warrants that, at the time of signing this agreement, it is the owner of
the land.

Deed to bind successors in title

The owner consents to the obligations of the applicant under this Deed being
attached to the Subject Site and binding on the owner and the owner's successors
in title in accordance with Section 155 (When infrastructure agreements bind
successors in title) of the Act.

Deed conditional upon approval of Development Application

This Deed is conditional upon the development permit taking effect.

INFRASTRUCTURE CONTRIBUTION

Infrastructure Agreement overrides Development Permit

This Deed applies to the extent of any inconsistency with the development permit
and the Infrastructure Contribution payable hereunder is in addition to any
conditions of, or payments required by, the development permit and/or any
infrastructure charges notice given in respect of the development.

Contribution in lieu of off-street parking

The applicant must pay the Council the greater of:

(a) the amount identified in Schedule 2 of this Deed; or

(b) the amount calculated in accordance with the formula in Clause 3.3.
Indexed Infrastructure Contribution in lieu of off-street parking

The Infrastructure Contribution in lieu of off-street parking payable, identified in
Schedule 2, shall be indexed annually for a financial year in accordance with the

following formula:-

A=BxC
D

Where A= the Indexed Infrastructure Contribution amount at the time the
payment is made

Where B = the Additional Networks Infrastructure Contribution identified in
Schedule 2.

Where C = the Index Number for the March quarter immediately preceding the
financial year in which the Infrastructure Contribution is being paid;
and

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Document Set ID: 23959579
Version: 4, Version Date: 28/07/2025