Infrastructure Agreement (23689 DA) - Executed 18/7/2011 (Peet No.90 - Greenwood Grove) · 132004.240018

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

BETWEEN Sunshine Coast Regional Council (Council)

AND Peet No. 90 Pty Ltd ACN 117 354 195 (the Owner)
Recitals
A. On 11 September 2006, the former Noosa Shire Council approved a

development application for Development Permit for Material Change of Use
for 174 Dwelling Houses and Reconfiguration of a Lot (3 lots into 174 lots)
[2004/240018(23689DA)] (“the Development”) in relation to land described as
Lot 2 RP 111730, Lot 2 SP 156389 and Lot 24 SP 148814 (“the Land”)
County of Canning, Parish of Maroochy in the State of Queensland at 47 Pine
Street, 99 Garnet Street and 32 Ashgrove Street, Cooroy .

B. On 15 March 2008, Noosa Shire Council was amalgamated with the
Caloundra City Council and the Maroochy Shire Council to form the Sunshine
Coast Regional Council by virtue of section 8(1) of the Local Government
Reform Implementation Regulation 2008.

lon On 25 November 2008, the Council gave a decision notice (the “Approval”),
which changed the Development and which requires, amongst other things,
certain works within Council's road reserve.

D. Stages 1 and 2 of the development have been completed and the balance of
the land is described as Lot 23 on SP 213111, Title Reference 50751436
(‘the subject site”).

E. The owner is the owner of the subject site.

F. The Council has agreed to release the survey plans for stage 3 of the
development subject to the owner entering into this Infrastructure Agreement
pursuant to conditions 65.1.2 and 65.1.3 of the Approval

IT IS AGREED

1 INTERPRETATION

1.1 Name
This agreement is made under Clause 2.

1.2 Commencement
This agreement commences on the Commencement Date.

1.3 Interpretation

(a) In this agreement, unless a contrary intention appears, reference to:
(i) a clause is to a clause in this agreement; and

(ii) the singular includes the plural and vice versa; and

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