UPDATE - 13/12/11. At last night's council meeting the Council voted to continue with the process of the 2015 Plan. The next step is a workshop for all Councillors in February where the next phase, being a commitment to proceed with legal, property and financial advice to progressing the Plan, will be discussed. Quoted in the Manly Daily Mayor Jean Hay said it was premature to abandon the concept when the plans were still in an early concept and consultation phase. Read the full story in the Manly Daily.
Motion by Councillor Richard Morrison to abandon Manly 2015 Plan.
At council's meeting on Monday night (12/12/11) a motion will be discussed to abandon Manly's 2015 Plan.
Here is a copy of the background information provided by Councillor Morrison from the meeting's Agenda:
Manly Council's adopted Long Term Financial Plan identifies a shortfall of $2.8 Million per annum in funds required to maintain and renew existing infrastructure.
The MANLY2015 Financial Projections Report indicates that the proposal would commit us to a total expenditure of $83.75 Million, which is 118% percent of our expenditure budget for the current year.
The New South Wales State Government is committed to a total expenditure of $1.03 Billion of public funds on the Barangaroo project. This is only1.7% of the State’s expenditure budget for the current year.
The MANLY2015 Financial Projections Report indicates that we would need to borrow a total of $68.75 Million for the proposed works. This would add $4.8 Million to our annual interest bill.
A major feature of the Barangaroo project is the construction of three commercial towers that will provide almost 300,000 square meters of new office space in Sydney to house 24,000 workers, and 15,000 square meters of new retail space.
Each tower will have fewer than 200 car spaces, and a combined total of 1,200 bicycle spaces are proposed, as part of plans to minimise car trips and promote alternative transport.
The Whistler Street Car Park has 357 perfectly serviceable and conveniently located car spaces. Many of the property owners and businesses in the vicinity, who in past years contributed to the Manly Parking Fund, would suffer if the Whistler Street Car Park was lost to them.
The proposal for the Car Park under Manly Oval will not provide convenient parking for local businesses and shoppers, and the proposal is beset with vehicle access and traffic problems.
The purpose built Manly Library is still virtually a new building. The proposal to demolish it and replace it in the same locality at a cost of $17.8 Million is neither financially responsible nor environmentally sustainable.
The MANLY2015 proposal is unaffordable and the concept is fundamentally flawed. It has no demonstrated business or community support, and no prospect of successful implementation."
WHAT DO YOU THINK? SHOULD THE PLAN TO ABANDONED?
Candy Bingham, Former Councillor Manly Council. Background in marketing, public relations & community engagement. Author of five business books. Former Lady Mayoress of Sydney. Aka Candy Tymson.