Attachment 2 - Infrastructure Agreement NSBC (Lot 2 SP110885) dated 3rd October 2003

 

Page 4

THIS AGREEMENT is made on the date stated in item 1 of Schedule 1.

BETWEEN The Council

AND

The Applicant

RECITALS

A

The Land is part of an area designated for the Shire Business Centre under the Strategic
Plan.

The Applicant has contracted to.purchase the Land.

The Council has issued to the Applicant a decision notice approving a development permit

_ for a material change in use over part of the Land for the purpose of Stage 1 of the Shire

Business Centre.

The Council and the Applicant wish to enter into an agreement about Development
Infrastructure Items to be provided or funded by the Applicant pursuant to the provisions.
of Chapter 5 of the Integrated Planning Act 1997 Part 2 — Infrastructure Agreements.

’

IT IS AGREED

1

1.1

1.2

1.3

1.4

INTERPRETATION
Name

This.document may be referred to in accordance with item 2.
Commencement

This document commences on the Commencement Date.
Termination

This document ceases to have effect, subject to clauses 8 and 9:

a. . one year after the expiry of development on the land in accordance with MP2 has
been achieved; or .

b. ona date upon which the parties agree in writing.
whichever first occurs.
Interpretation
a. In this document, unless a contrary intention appears, reference to:
@ a clause is to a clause in this document; and

(i) _ the singular includes the plural and vice versa; and