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2019-09-10 P&E Agenda - Item 1 - Attachment 1 - Noosa Shire Council Charges Resolution (No 4) 2019

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                                                   26
                                           Noosa Shire Council
                                      Charges Resolution (No.4) 2019



                           Council and the applicant to determine the estimate. The cost of this
                           independent assessment is to be equally shared between the local
                           authority and the applicant and the amended cost estimate determined
                           by the independent assessor becomes the establishment cost of the
                           infrastructure.

                           However, if the Council and the applicant cannot reach agreement on
                           the appointment of an independent assessor, the establishment cost of
                           the infrastructure is determined by calculating the average of the
                           previous two cost estimates prepared on behalf of the applicant and the
                           Council respectively.

        (2)        Where a notice is given by an applicant under s. 657 of SPA requesting a
                  recalculation of the establishment cost for the trunk infrastructure that is land, the
                  recalculated amount shall be the value estimated for the land based on the pre-
                  approved and pre-developed state of the land as follows:

                   a)      The applicant, at their own cost, must provide to the Council a valuation
                           of the specified land undertaken by a certified practicing valuer. If the
                           Council accepts the valuation, the valuation is the establishment cost of
                           the infrastructure.

                  (b)      If the Council does not agree with the applicant’s valuation, the Council
                           will provide its own alternative valuation to the applicant. If the applicant
                           agrees with the Council’s alternative Pre-Market Estimate, it becomes
                           the establishment cost of the infrastructure.

                  (c)      If agreement cannot be reached on the valuation, an independent
                           assessor is to be appointed by agreement between the Council and the
                           applicant to determine the estimate. The cost of this independent
                           assessment is to be equally shared between the local authority and the
                           applicant and the amended valuation estimate determined by the
                           independent assessor becomes the establishment cost of the
                           infrastructure.

                           However, if the Council and the applicant cannot reach agreement on
                           the appointment of an independent assessor, the establishment cost of
                           the infrastructure is determined by calculating the average of the
                           previous two valuation estimates prepared on behalf of the applicant and
                           the Council respectively.


  12.         Refund of an unused infrastructure offset
12.1    Purpose

        Section 12 states the Council’s policy for a refund of an unused infrastructure offset for
        provision of trunk infrastructure.




                               Council Resolution effective 23 September 2019
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