$42 million in compensation for acquisition of the land and disturbance costs associated with HPGC’s development of and relocation to the new golf course site.
Continued occupation of its current Maroochydore site until 30 June 2014.
Having ownership of the land allows council to accelerate the marketing and investment development of the Maroochydore CBD along with job creation that is so important for the region.
Under the current timeframe, council will gain full access to the existing Horton Park site in July 2014 enabling works to commence for the new Maroochydore CBD. In the interim, additional soil testing and survey data will be gathered while the golf course is still in use, with mutually agreed timeframes with the Horton Park Golf Club to minimise disruption to play on the course.