2014-01-02 Budget Adoption Report Attachments

Appendix 3


APPENDIX 3 - OVERALL PLAN
Noosa Main Beach Precinct Streetscape Levy

1. Special Rate for the Noosa Main Beach Precinct Streetscape Levy
In response to requests from the Hastings Street Association Inc, the former Noosa Shire Council
agreed to include in its works program for 2006/07 and 2007/08 streetscaping of the Main Beach
precinct, following a streetscape design project undertaken in 2004/05 and 2005/06 for the Main
Beach Precinct. The work commenced in the 2007 calendar year and was completed in 2008.
The costs of the streetscaping totaled approximately $10.2 million. Of this, $1 million was met by
Council with the remainder funded by loan borrowings. The repayments for that loan will be funded
as follows:
    - 70% by way of a special rate levied on benefited properties within the Hastings Street
      precinct (as delineated on map 5A)
    - 30% by way of a special rate levied on benefited properties in the surrounding areas (as
      delineated on map 5B, 5C & 5D)
for a period of eight years commencing in 2006/07.
2. The Rateable Land to Which the Special Charge Applies
Noosa Shire Council has formed the opinion that all properties within the Hastings Street precinct
as delineated on map 5A, will be specially benefited by streetscaping of the Main Beach precinct,
and properties in the surrounding areas as delineated on maps 5B, 5C and 5D that gain benefit
from tourist visitation (i.e. occupiers of properties used for commercial and industrial purposes, and
transitory accommodation) will also be specially benefited by streetscaping of the Main Beach
precinct as this precinct is a primary asset of the tourism industry in Noosa, and has resolved to
levy a special rate to cover the overall costs relating to the streetscaping. For the purposes of this
special levy the definition of transitory accommodation is the same as that used for the tourism
promotion levy in Appendix 3.

                  Map 5A




                                               Noosa Shire Council Budget six months ending 30 June 2014   38