NC Infrastructure deed signed

THIS DEED is made on the date stated in item 1.
BETWEEN The Council

AND the Proponent
AND the Owner
RECITALS

A __ The Proponent and the Owner is Cammeray Investments Pty Ltd.
B The Proponent lodged a Development Application in relation to the Subject Site.

C The Proponent has lodged a request to provide fewer on-site car parking spaces
for the development than normally required under the planning scheme.

D___ The Proponent proposes a contribution be paid for the shortfall in the number of
car parks normally required to be provided on site for the development.

E The parties agree that contributions toward infrastructure are to be paid in
i accordance with:
(i) the conditions of the Development Permit and

(ii) any infrastructure charge notice; and
(iii) the contributions in lieu of off-street parking as detailed in Schedule 2.

IT 1S AGREED
1 INTERPRETATION
1.1 Nature of Deed
This deed accords with Clause 2.
1.2 Commencement
This deed commences on the Commencement Date.
1.3 Interpretation
(a) In this deed, unless a contrary intention appears, reference to:

(i) a clause is to a clause in this deed: and

 

(ii) the singular includes the plural and vice versa; and
i (iii) any gender includes all other genders; and
| (iv) a person includes a firm, a corporation, an association and a

body, whether incorporated or not and a government or statutory
entity or authority; and

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