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As part of the 2014-15 Whitsunday Regional Council budget a number of parcels of surplusCouncil land will be sold to help pay down debt and stimulate the local economy.
Mayor Jenny Whitney said a number of parcels of land have been identified by Council as surplus to Council’s requirements and would be better utilised stimulating economic growth as new developments.
“The money raised from the sale of some land parcels will go a long way towards helping to paydown Council’s $73 million debt to $67 million by the end of 2014-15,” Mayor Whitney said.
“The money raised from the sale of the land also means future rate rises can be limited andresponsible and sustainable cash flow management can be achieved across Council.
“Putting blocks of land up for sale will also stimulate the local economy, with the possibility of new commercial and residential developments occurring once the land had been purchased.
“Whitsunday Regional Council will put a 2.13 hectare parcel of land on Waterson Way at AirlieBeach up for tender.
“The parcel adjoins a new Woolworths supermarket and immediately links with the newlyrevitalised Airlie Beach Main Street.
“Developing Waterson Way will be a huge boost to local employment and attract new businesses to the area.
“Also, 19 other parcels of land including residential, commercial, industrial and multi-unit zoned lots throughout the Whitsunday local government area will be put up for sale.
“Whitsunday Regional Council is determined to build the Whitsunday region, by offering Councillots for sale we are attracting national and international investment to our region,” she said.
Mayor Whitney said it is estimated that the sale of these blocks of land will generate millions ofdollars which the Council can put towards paying down significant amounts of debt.
“The subsequent developments on the sold blocks of land will also further stimulate the localeconomy by breathing new life into previously undeveloped sections of the local area,” she said.
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