Following deliberations on 27 May, we have now reviewed and updated our Development and Financial Contributions Policy for 2024-2034.
These outcomes considered public feedback and staff recommendations around the proposed changes.
An amendment was also made to the proposed change for stormwater detention discounts in the Development and Financial Contributions Policy, for developments with on-site detention.
Instead of only providing the discount to Richmond’s intensification area, Elected Members decided to keep a 25% discount on stormwater development contributions, except for specific parts of Richmond, Motueka and Māpua where there is significant investment in stormwater networks.
The Development and Financial Contributions Policy outlines our approach to funding development infrastructure via development contributions under the Local Government Act 2002 and financial contributions under the Tasman Resource Management Plan.
In basic terms, the purpose of the Policy is to ensure that those people developing properties and who directly benefit, pay their share of the growth-related costs of that infrastructure.
The reviewed Development and Financial Contributions Policy will be presented for adoption at the Council meeting on 25 June 2025.