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Gosford City Roads and Buildings Revamp
Council welcomes Local Infrastructure Renewal Scheme funding
Gosford City Council has welcomed the announcement that Gosford City will receive funding to revamp roads and buildings across the Local Government Area (LGA) under Round One of the NSW Government’s Local Infrastructure Renewal Scheme.
The $70 million statewide Scheme provides Councils with a four percent interest subsidy to assist with a backlog of infrastructure projects around NSW.
Under the Scheme, Gosford Council will borrow $6.85 million for roads renewal and $3.15 million to revamp Council owned community buildings.
Mayor of Gosford City, Councillor Laurie Maher said the Scheme allows Council to schedule works to improve some of the busiest roads and frequently used community buildings across the City.
“The funding will enable the completion of approximately 110 individual road projects and 19 community buildings that have been backlogged until funding became available.
“Works will be scheduled over the next three years, with roads including the Scenic Highway at Terrigal, Mangrove Road at Narara, Wattle Tree Road at Holgate and Crown Road at Umina Beach among the first to receive rehabilitation.
“Community buildings identified for renewal include Gosford Seniors Centre, Adcock Park amenities, Wyoming and Niagara Park Child Care Centres and public halls at Saratoga and Point Clare”, said Clr. Maher.
An additional $30 million has been allocated to the Scheme to support future rounds, with applications for Round Two being called later this year.