Voluntary Planning Agreement Definition: Understanding the Basics
A Voluntary Planning Agreement (VPA) is often described as an agreement between a developer and a local council, outlining the contributions that the developer will make towards community infrastructure in exchange for the necessary planning approvals to proceed with the development. In this article, we’ll take a closer look at the definition of a VPA, its purpose, and how it works.
Purpose of a VPA
VPAs are often seen as a tool to help address the shortfall in infrastructure funding that can occur when new developments are built. As a developer seeks planning approvals to construct a new development, they may be required to make contributions to community infrastructure to offset the impact of the new development on the existing community.
These contributions may include funding for community facilities like parks, playgrounds and community centres, as well as improvements to roads and other public transport facilities like rail or bus services. By making a voluntary contribution towards these facilities, the developer can help to address the shortfall in infrastructure funding, and ensure that the local community can continue to access the services and amenities they need.
How a VPA Works
A VPA is typically negotiated between the developer and the local council, and may also involve other parties like state government agencies or community groups. The agreement will outline the contributions that the developer will make towards community infrastructure, and the conditions under which those contributions will be made.
For example, a developer may agree to contribute a set amount of funding towards the construction of a new community centre, with the funds to be released at different stages of the development project. The VPA may also define the timeframe for the construction of the community centre, and specify the standards that must be met in terms of design, construction, and environmental impact.
In some cases, the contributions made by a developer as part of a VPA may take the form of land or other assets. For example, a developer may agree to provide a parcel of land to the council for use as a park or playground.
Conclusion
In summary, a Voluntary Planning Agreement is an agreement between a developer and a local council, outlining the contributions that the developer will make towards community infrastructure in exchange for the necessary planning approvals to proceed with the development. VPAs are often seen as a tool to help address the shortfall in infrastructure funding that can occur when new developments are built, and can take the form of funding, land, or other assets. By understanding the definition and purpose of a VPA, developers can better navigate the planning process and contribute towards building vibrant and sustainable communities.