On 24 March 2020, City of Ryde Council adopted two (2) new Development Contributions Plans under Section 7.11 and 7.12 of the Environmental Planning and Assessment Act, 1979. The new contributions plans come into effect on 1 July 2020.
Details of the new contributions plans are provided as follows:
Section 7.11 Development Contributions Plan 2020
The City of Ryde Section 7.11 Development Contributions Plan 2020 (s7.11 Plan) has repealed the City of Ryde Section 94 Development Contributions Plan 2007 – Interim Update (2014).
The s7.11 Plan continues to impose nexus based developer contributions on residential developments that results in the increase in residents though the creation of new housing allotments, additional new dwellings or a mixture of both within the City of Ryde local government area.
The s7.11 Plan also continues to impose nexus based developer contributions on non-residential development in Macquarie Park that results in an increase in gross floor area (GFA).
Residential Development Contributions under the s7.11 Plan remain capped at $20,000 per dwelling.
The s7.11 Plan proposes to raise funds for the provision of infrastructure in the City of Ryde under the following categories:
- Open Space and Recreation
- Community Facilities
- Transport and Traffic Facilities
Fixed Rate Levy (Section 7.12) Development Contributions Plan 2020
From 1 July 2020, the City of Ryde Fixed Rate Levy (Section 7.12) Development Contributions Plan 2020 (Fixed Rate Plan) applies to non-residential development outside of the Macquarie Park precinct that propose an increase in GFA. The Fixed Rate Plan imposes a 1% levy on the construction value of all non-residential development consents for developments over a $350,000 construction value threshold. Any non-residential development with a proposed construction value of $350,000 or under will not be levied under the Fixed Rate Plan.
The Fixed Rate Plan raises funds for the provision of infrastructure in the City of Ryde under the following categories:
- Active Transport
- Civic and Urban Improvements
The Fixed Rate Plan Developer Contributions are based on the cost of the development. The following forms can be submitted with an application where this plan applies to assist Council in determining the contribution applicable. The forms can also be used as guide for providing a separate cost report. Council notes the Development Application Form also requires a cost summary report. The DA form will in most cases suffice and these forms will not be required. However, should Council determine that the development maybe undervalued and more detailed cost report will be requested.