❓ Mr. Birney questions the State's contribution to the Kalgoorlie-Boulder golf course project, specifically the transfer of a resort site to the City for a nominal value, highlighting a potential discrepancy between the transfer price and its market value.
AnsweredQoN 1906Legislative Assembly
QuestionView source ↗
The Golf Course Complex Development Agreement provides the State will contribute $8.5 million in direct cash funding to the City in addition to a cash contribution of up to $0.225 million towards 50 percent of the golf course architect fees and access to various consultancy reports. Further funding is provided by the provision of a 3.79-hectare resort site to the City for $1 which the City can then on-sell. The transfer of this site for nominal value is pursuant to Section 74 of the Land Administration Act because of benefits to the community from the proposed resort site. The resort site was valued by the Department of Land Administration Valuation Services in April 2005 for $1.4 million plus GST and dependent on the final configuration of the resort complex is likely to have increased in value.
The resort site was valued by the Department of Land Administration Valuation Services in April 2005 for $1.4 million plus GST and dependent on the final configuration of the resort complex is likely to have increased in value.
The resort site was valued by the Department of Land Administration Valuation Services in April 2005 for $1.4 million plus GST and dependent on the final configuration of the resort complex is likely to have increased in value.
AnswerView source ↗
Answered
9 May 2007
Responded by
Minister for Planning and Infrastructure
Response time
50 days
The Kalgoorlie-Boulder golf course project is facilitated and funded pursuant to the "Golf Course Complex Development Agreement" between the State, LandCorp and the City of Kalgoorlie-Boulder. This agreement was originally signed on 6 January 2004 and amended on 25 November 2005, and replaces a previous "Heads of Agreement" originally executed by the previous State Government on 2 January 2001.
The Golf Course Complex Development Agreement provides the State will contribute $8.5 million in direct cash funding to the City in addition to a cash contribution of up to $0.225 million towards 50 percent of the golf course architect fees and access to various consultancy reports. Further funding is provided by the provision of a 3.79-hectare resort site to the City for $1 which the City can then on-sell. The transfer of this site for nominal value is pursuant to Section 74 of the
Land Administration Act
because of benefits to the community from the proposed resort site.
The resort site was valued by the Department of Land Administration Valuation Services in April 2005 for $1.4 million plus GST and dependent on the final configuration of the resort complex is likely to have increased in value.
The Golf Course Complex Development Agreement provides the State will contribute $8.5 million in direct cash funding to the City in addition to a cash contribution of up to $0.225 million towards 50 percent of the golf course architect fees and access to various consultancy reports. Further funding is provided by the provision of a 3.79-hectare resort site to the City for $1 which the City can then on-sell. The transfer of this site for nominal value is pursuant to Section 74 of the
Land Administration Act
because of benefits to the community from the proposed resort site.
The resort site was valued by the Department of Land Administration Valuation Services in April 2005 for $1.4 million plus GST and dependent on the final configuration of the resort complex is likely to have increased in value.
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