Sharing the cost
A financial contribution is a method included in our District Plan to help fund the things that off-set some of the negative effects of housing intensification, like pipe renewals, gully and River restoration and making our streets more attractive.
This is different from a development contribution, which helps fund new or expanded infrastructure and community facilities that are needed as a result of increased demand from the development.
We’re proposing to charge a financial contribution for new developments to fund activities which provide better outcomes for our community.
It means that developers may need to pay both a financial contribution AND a development contribution for their development. However, these contributions will be used for different things.
Some of these costs may be off-set due to a more streamlined development application process. It means the costs of the improvements are shared by those who are doing the development and ratepayers.
Last updated 23 August 2022