Marlborough Sounds Resource Management Plan 14 September 2006 28.1.24 Financial Contributions 28.1.24.1 Development Levies 28.1.24.1.1 (Applies in all Zones) All developments other than residential zones are defined as: ‘Constructing, erecting or altering any one or more buildings intended to be used solely or principally for Commercial, Industrial, Port, Marina or Rural Township purposes where the value of the construction, erection or alteration will exceed $250,000.’ Contribution required: 28.1.24.1.2 The developer to pay to the Council an amount not exceeding 0.5% of the value of the development or, if the Council’s policies for reserve land acquisition can be satisfied, provide; 28.1.24.1.3 An area of land to be set aside as public reserve of value equal to the amount otherwise payable in Rule 28.1.24.1.2 above, or 28.1.24.1.4 The Council and the owner may agree to a combination of Rules 28.1.24.1.2 and 28.1.24.1.3 if appropriate. The total contribution in land or money or both by the developer cannot exceed (Where 0.5% of the value of the development. it is negotiated that the vestin g of additional land in the district is appropriate then the Council will pay the related compensation). 28.1.24.1.5 For the purpose of acquiring esplanade reserves and strips development has the same status as subdivision. 28.1.24.1.6 Council will waive or reduce contributions in relation to any particular proposal where the subdivider/ developer suggests alternatives to avoid, remedy or mitigate the adverse effects of that proposal. 28.1.24.1.7 If a developer can provide documentary evidence that a Reserve Fund Contribution has been paid for a particular property under the Local Government Act 1974, or other provisions contained in this Plan then the levy paid will be credited against any development levy contribution for development of that property. 28.1.24.2 Development for Residential Purposes (Applies to Residential Zones) Residential Development is defined as: ‘Constructing, erecting or altering any one or more buildings for the purpose of providing one or more additional household units.’ Contribution required: 28.1.24.2.1 An area of land to be set aside as public reserve, if appropriate in terms of the Council’s policies for reserve land acquisition, being not more than 20m² for every additional household unit, or 28.1.24.2.2 The owner to pay to the Council an amount sufficient to purchase an area, within the land on the development plan, that would be otherwise required under Rule 28.1.24.2.1 above, or 28 - 18