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Googong Urban Release Area

2011/4673 Googong Planning Agreement

The Planning Agreement provides that the Developer will make monetary contributions of 75% of $4,296.71 per developable hectare (subject to indexation) towards the costs of acquisition of land for the purpose of a fire station, 2 primary schools and a high school. Alternatively, the Developer may elect to dedicate all 12.01 hectares of land for the sites. If so, various provisions apply in the Planning Agreement to ensure appropriate apportionment applies across the broader precinct - see Planning Agreement for relevant provisions.

On 19 December 2011, the Minister's delegate gave consent under the Planning Agreement to the proposed sale of land from Gogoong Development Corporation to a joint venture between CIC Australia and JV MIrvac. A new signed Deed of Guarantee is attached.
Attachments & Resources
VPA location details
Location Googong Urban Release Area
Local Government Area Queanbeyan
Notification location Head Office Information Centre Ground Level, 23-33 Bridge Street, Sydney Mon-Fri 9.00am to 5.00pm Queanbeyan Office 11 Farrer Place, Queanbeyan Mon-Fri 9.00am to 5.00pm The proposed VPA and an explanatory note are also available on the Department’s website
Key dates and other information
Status Executed
Notification start date 09/08/2011
Notification end date 07/09/2011
Total Submissions 1
Executed 15/09/2011
Developer Googong Development Corporation Pty Ltd