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

Where D = the Index Number for the March quarter immediately preceding the
financial year upon which the Infrastructure Contribution is issued as
stated in Schedule 2.

3.4 Time for payment

The Infrastructure Contribution in lieu of off-street parking is to be paid before the
use approved by the Development permit commences.

3.5 Payment to Council

The Infrastructure Contribution in lieu of off-street parking shall be paid to Council
unless the applicant is directed in writing by Council to pay it otherwise.

3.6 Onsite carparking spaces

In addition to payment of the infrastructure contribution the applicant shall provide
the number of car parking spaces on the subject site specified in Item 8.

4 GOODS AND SERVICES TAX

The federal government has determined that rates and utility charges levied by
local government will be GST free. Accordingly, no component for GST is included
in this Infrastructure Contribution.

5 DEFAULT BY OWNER OR APPLICANT
5.1 Rights of the Council on default

If the applicant fails to duly perform and fulfil any or all of its obligations under
Clause 3 the Council may recover from the applicant or the owner the whole or
any amount of the Infrastructure Contribution not paid and its costs of recovery.

5.2 Application of money

The Council may apply any sum recovered or received by it pursuant to Clause
5.1 (rights of the Council on default) as far as the sum may extend to or towards
all or any one or more of the following:

(a) reduction or discharge of the amount payable by the applicant or owner
under this Deed; and

(b) reimbursing itself for the cost of works done and/ or for any damages or costs
suffered by it as a consequence of such non-payment.

6 RECONFIGURATION OF THE SUBJECT SITE
6.1. Reconfiguring and compliance

if the Subject Site is reconfigured under the provisions of the Act and the
obligations under this Deed have been satisfied, then this Deed no longer remains
attached to the reconfigured lots and the owner's successors in title are not bound
by this deed.

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Version: 4, Version Date: 28/07/2025