Policy for Property Development and Investment

About the project

Council is seeking public comment on the draft Policy for Property Development and Investment, placed on public exhibition between Thursday 31 May 2018 and Thursday 28 June.

The draft Policy has been prepared as a brand new policy and the draft reviewed by the Council and approved for public exhibition at an Ordinary Meeting on 10 April 2018. If adopted by Council, the policy will sit alongside the Ku-ring-gai Council Investment Policy, December 2014; Ku-ring-gai Council Asset Management Policy, August 2014 and Ku-ring-gai Council Acquisition and Divestment of Land Policy, June 2014.

This policy establishes the principles by which development on Council owned and controlled land will be undertaken and the governance measures that will operate to manage risk and deliver Council objectives.

Objectives

  • To deliver value through developing under-utilised property and creating a portfolio of income producing assets and community assets that provide long term benefit for the community of Ku-ring-gai.
  • The portfolio of newly created assets through property development will align to Council's Long Term Financial Plan and support its future financial sustainability.

Exhibition document

A hard copy may be viewed at Council’s Customer Service Centre, Level 4, 818 Pacific Highway, Gordon during business hours.

Policy for Property Development and Investment (pdf. 265KB)

Providing feedback

All submissions are public documents and will be considered in a final report to Council, only those submissions received in writing, with correct reference quoted prominently, and by the due time/date will be considered. Comments are to be submitted in writing and must prominently quote reference “CY00551-2-6” in all correspondence.

Submissions must be received by 5pm, Thursday 28 June. Submissions may be sent to Council as follows:

Email

kmc@kmc.nsw.gov.au

Post 

The General Manager
Ku-ring-gai Council
Locked Bag 1006
Gordon  NSW  2072

Contact us

For general enquiries regarding the draft Policy for Policy for Property Development and Investment, or assistance with how to lodge your submission, please contact Craig Calder, Interim Leader – Major Projects Group, on ccalder@kmc.nsw.gov.au.

 

 

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