This policy sets out rules for how bonds (a type of financial guarantee) are handled when development work affects current or future Council-owned assets. It applies to works typically required under a Development Consent – e.g., road upgrades and drainage works.
The purpose of the policy is to:
Help Council manage the risks that come with new assets being built by developers or other third parties
Establish clear guidelines for accepting financial bonds as security for works on public land by third parties
Mitigate Council risk in case works are not completed or are substandard.
Ensure new Council assets delivered by developers meet standards and are completed in a timely and cost-neutral manner.
Bonds generally fall into one of these categories:
Incomplete works on public land or roads
High-risk works approved under a Section 138 permit
Bonds to cover any defects in public assets
Bonds for maintaining public assets
This policy does not apply to development contributions or voluntary planning agreements (VPAs). Those have their own separate rules and are managed differently.
View Documents
Online under the 'Document for feedback' tab (scroll down below feedback form if you are viewing on a phone)
Council’s Customer Service Centre at 62-64 Menangle Street, Picton
Wollondilly Library in Picton at 42 Menangle Street, Picton and Mobile Library(External link) - which visits 14 towns and villages across the Shire(External link)
Council may be required to release your written comments or submissions to an applicant under the Government Information (Public Access) Act, 2009 or Local Government Act 1993.
Now on Public Exhibition
This policy sets out rules for how bonds (a type of financial guarantee) are handled when development work affects current or future Council-owned assets. It applies to works typically required under a Development Consent – e.g., road upgrades and drainage works.
The purpose of the policy is to:
Help Council manage the risks that come with new assets being built by developers or other third parties
Establish clear guidelines for accepting financial bonds as security for works on public land by third parties
Mitigate Council risk in case works are not completed or are substandard.
Ensure new Council assets delivered by developers meet standards and are completed in a timely and cost-neutral manner.
Bonds generally fall into one of these categories:
Incomplete works on public land or roads
High-risk works approved under a Section 138 permit
Bonds to cover any defects in public assets
Bonds for maintaining public assets
This policy does not apply to development contributions or voluntary planning agreements (VPAs). Those have their own separate rules and are managed differently.
View Documents
Online under the 'Document for feedback' tab (scroll down below feedback form if you are viewing on a phone)
Council’s Customer Service Centre at 62-64 Menangle Street, Picton
Wollondilly Library in Picton at 42 Menangle Street, Picton and Mobile Library(External link) - which visits 14 towns and villages across the Shire(External link)
Council may be required to release your written comments or submissions to an applicant under the Government Information (Public Access) Act, 2009 or Local Government Act 1993.
Some helpful information on submitting your feedback:
Please read the draft Policy.
Consider: Do you support the policy? What do you agree with, and is there anything you don't agree with? Has anything been left out? Etc.
Identify the ideas you want to comment on. You can write as much or little as you like, but please be clear, and ensure it relates to this Policy. Include page or section numbers where possible.
Submit your comments: Either write your submission separately and upload it as a Word file or PDF, or, type your submission into the text box provided. Your thoughtful comments are appreciated.
