THE Metropolitan Redevelopment Authority (MRA) has adopted a Development Contributions Plan aiming to recoup money from potential Scarborough developers.
The plan includes updates from a community and stakeholder consultation.
It aims to recoup money for the $75 million Scarborough Foreshore Redevelopment from landowners who seek to develop and would benefit from the new infrastructure.
An MRA spokeswoman said the board had approved and adopted the final DCP.
“A development contribution payment is triggered on receipt of approval to develop or subdivide land, meaning landowners who choose not to develop their land will not be affected,” she said.
She said letters would be sent to all landowners in the redevelopment area to advise that the Scarborough DCP would soon be in operation.
Changes from the draft Development Contributions Plan:
– The DCP will be transferred to, and administered by the City of Stirling when the redevelopment area ceases to exist, without triggering a liability for payment of a cost contribution.
– The period of operation has been extended from 15 years to 20 which is more consistent with other DCPS operating in WA.
– The State Government is not recouping any of its investment in the Scarborough Foreshore redevelopment.
– DCP Contributions will go to a portion of costs contributed by the City of Stirling in the Scarborough redevelopment.
– Contributions towards the proposed road extension of The Esplanade (now cancelled) have been removed.