Planning Agreements (PAs, also commonly referred to as VPAs) are voluntary agreements entered into by Council and a developer under Section 7.4 of the Environmental Planning and Assessment Act 1979 to deliver public benefits.These include the dedication of land to Council, monetary contributions, public infrastructure, community facilities, affordable housing, any other material public benefit or any combination of these. PAs are often entered into when a developer has sought a change to an environmental planning instrument or as part of a development application.
Matters often addressed under planning agreements include:
The provision of (or the recoupment of the cost of providing) public amenities or public services
The provision of (or the recoupment of the cost of providing) affordable housing
The provision of (or the recoupment of the cost of providing) transport or other infrastructure relating to land
The funding of recurrent expenditure relating to the provision of public amenities or public services, affordable housing or transport or other infrastructure
The monitoring of the planning impacts of development
The conservation or enhancement of the natural environment
Under a PA, a person may be required to dedicate land free of cost, pay a financial contribution or provide some other material public benefit in consideration of the above matters.