The Gosford City Centre Special Infrastructure Contribution Determination came into effect on Friday 12 October 2018.
A Special Infrastructure Contribution levy of two per cent on the cost of development is required for new development within the Gosford City Centre. This applies to development located on residential and business zoned land that has a cost of development of $1 million and over.
The Special Infrastructure Contribution (SIC) is one of the delivery mechanisms to support the revitalisation of Gosford City Centre. The Gosford City Centre SIC will help fund some key pieces of State and regional infrastructure that supports development in Gosford City Centre. Infrastructure funded through the proposed Gosford City Centre SIC includes:
An overview of the Gosford City Centre SIC is in the fact sheet.
More information on the Special Infrastructure Contribution can be found in the:
An implementation guide for the Gosford City Centre SIC has also been prepared to outline how the SIC applies and how the SIC is assessed and calculated.
Page last updated: 01/05/2019