- Last updated:
- 20 Dec 2019
Council, at its May 2019 Ordinary Meeting, adopted an extension to the existing Incentives Policy, targeted at attracting development investment in designated areas of Nambour and Caloundra.
The Policy provides a reduction in infrastructure charges of 50% for qualifying projects.
The Incentives Policy will run for a further three years with a new Policy to commence on 1 July 2019 and finish on 30 June 2022. Incentive applications that were made and approved prior to the commencement of the 1 July 2019 will continue to have effect. For these developments the deadline for having substantially commenced construction of new building works will be extended to 30 December 2022. Council is applying a cap of $10 million to the reduction in charges under this policy. Should this limit be reached, the term of the policy will be reduced.
The policy document provides full information on the designated areas and the eligibility criteria. A Fact Sheet is also provided for further clarification and application details.
To find out more about this policy or further details on how to apply, please contact Council's Infrastructure Planning and Charges team on (07) 5441 9366 or email@example.com.