55 A contribution is to be paid for the provision, extension or augmentation of community facilities, recreation facilities, open space and administration that will, or are likely to be, required as a consequence of development in the area. Total contribution for this development of $48,145.65 the amount of the payment shall be in accordance with the Section 94 charges as at the date of the payment. The charges may vary at the time of payment in accordance with Council's Section 94 Contributions plan to effect changes in land values, construction costs and the Consumer Price Index. This contribution shall be paid to Council prior to the release of the Construction Certificate and the amount payable shall be in accordance with Council's adopted Section 94 Contributions plan for residential development effective from July 2008 calculated for additional persons as follows:
Traffic & Parking $568.08
Streetscape & Landscaping $2,540.68
Environmental Programs $3,794.00
Community Facilities $1,004.01
Open Space Embellishment $4,377.85
Open Space Acquisition $1,471.27
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Total: $13,755.90 per person
The calculations for DA 216/07 are as follows: 2 x 3.1 persons per allotment
Current rate of contribution ( 2008-2009 ) is $13,755.90 per person
Therefore the total amount is 2 x 3.1 x $13,755.90 = $85,286.58
Note : The Section 94 Contribution fees are adjusted on the 1st July each year and are based on the March CPI figures.