Meeting papers

                                                 25
                                         Noosa Shire Council
                                    Charges Resolution (No.8) 2024



                  (e)     If agreement cannot be reached on the Pre-Market Estimate, 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 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. 137 of the Planning Act
                  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 15 August 2024                            Page 50 of 90