6Principal objectives of Corporation

6 Principal objectives of Corporation

The principal objectives of the Corporation are –

(a) to plan, facilitate and manage the remediation of the Macquarie Point land in accordance with the Intergovernmental Agreement; and

(b) to plan, facilitate and manage the redevelopment of the site so as to ensure that the site –

(i) is redeveloped as a vibrant and active area, with a mix of uses, that connects with and complements adjacent areas within Hobart; and

(ii) encourages inner-city living; and

(iia) [Section 6 Amended by No. 35 of 2018, s. 5, Applied:17 Dec 2018] encourages pedestrian and bicycle traffic; and

(iib) [Section 6 Amended by No. 35 of 2018, s. 5, Applied:17 Dec 2018] allows for public transport; and

(iic) [Section 6 Amended by No. 35 of 2018, s. 5, Applied:17 Dec 2018] provides for public open space; and

(iii) is redeveloped so as to deliver sustainable social and economic benefits to Hobart; and

(iv) is redeveloped in accordance with sound planning, urban design and environmental principles; and

(ba) [Section 6 Amended by No. 35 of 2018, s. 5, Applied:17 Dec 2018] to plan, facilitate and manage temporary and longer-term use of the site; and

(c) to the extent practicable, to make a profit from carrying out its functions.