Wednesday, March 11, 2009

PARRAMATTA STIMULUS PACKAGE

At the Council Meeting set down for the 20th March, Cr Garrard will present a 'Notice of Motion' which seeks to extend Development Approvals for an extra 12 month period, up to a maximum of 5 years, upon application.

Woodville Independents believe that the latest economic indicators reflect a shrinking economy with little growth and only the prospects of a worsening economic picture.

While Parramatta is holding up better then many other areas, promoting the idea of lengthening DA approvals will effectively give more time to applicants to 'weather the economic storm' and at the same time allow more flexibility for millions of dollars of construction work to begin within the next 2 years.

This will result in millions of dollar being injected into the local economy, which would have been other wise lost.

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