Kororoit Precinct Structure Plan (Part 2)

Kororoit Precinct Structure Plan (Part 2)

Kororoit PSP (Part 2) is located in the City of Melton and includes the proposed Kororoit Regional Park. The boundary for the proposed Regional Park, also known as Conservation Area 3 in the Biodiversity Conservation Strategy for Melbourne’s Growth Corridors (2013), will be  confirmed by the Department of Environment, Land, Water and Planning. Background studies were undertaken as part of the planning for Kororoit PSP.

Interactive map of Kororoit Part 2

Infrastructure Contributions

An ICP is a simplified system for funding basic and essential local infrastructure required by a new community.

The ICP may be made of one or two parts, a standard levy and/ or a supplementary levy. The standard levy is a pre-set rate that may be used to fund transport, community and recreation infrastructure and public land provision. In particular circumstances a supplementary levy may also apply.

Through the preparation of Precinct Structure Plans, the VPA together with Councils has sought to understand and plan for the needs of the future community by anticipating the requirements of roads, intersections, bridges, community buildings and sports and recreation facilities.

This local infrastructure is funded through an Infrastructure Contributions Plan (ICP).

Within the south east growth area the standard levy for is $339,000 per net developable hectare for residential areas and $158,500 per net developable hectare for employment areas.

Within the north west growth area the standard levy for is $328,500 per net developable hectare for residential areas and $155,000 per net developable hectare for employment areas.

More information relating to the ICP can be found here.

More information relating to infrastructure items proposed for a particular PSP can be found in the Precinct Infrastructure Plan of that PSP.

The types of infrastructure that can be included in an ICP are referred to as allowable items.

The allowable items are listed in the Ministerial Direction on the Preparation and Content of Infrastructure Contributions Plans which can be found below:

Preparation and Content and Reporting Requirements for Infrastructure Contribution Plans