What is a Voluntary Planning Agreement (VPA)?
A voluntary planning agreement (VPA) is an agreement entered into by a planning authority (such as Lane Cove Council) and a developer to enable a broader range and extent of development contributions to be realised from the planning and development assessment process.
Under such agreements the developer is required to dedicate land free of cost, pay a monetary contribution, or provide any other material public benefit, or any combination of them, to be used for or applied towards a public purpose.
Council keeps a register of all Voluntary Planning Agreements entered into under Part 7 Division 7.1 Subdivision 2 Section 7.4 of the Environmental Planning & Assessment Act 1979.
What is Council's Policy on VPAs?
Council has adopted, as the basis and framework for assessing and managing any Voluntary Planning Agreement proposals submitted to Council, the relevant legislative provisions contained within the NSW Environmental Planning and Assessment Act 1979 and Regulation and related Practice Notes issued or amended by the NSW Government .