Planning & Investment Knowledge Base

Work category 332: Property purchase – local roads

 

Introduction

This work category A type of activity – not confined to a particular activity class, e.g. new roads (work category 323) appears in:

* activity class 12 – local road improvements
* activity class 13 – state highways improvements
provides for the purchase of land by Approved Organisations for new and improved roading infrastructure for local roads.

 

This definition applies to the 2012-15 NLTP A National Land Transport Programme Interrelated and complementary combination of activities that, when delivered in a coordinated manner, produce synergies – can span more than one work category and more than one activity class, e.g. a programme could include a road improvement and public transport improvement activities. adopted by the NZTA under section 19 of the LTMA, as from time to time amended or varied .  For the 2015-18 NLTP please refer to the updated definition for work category 332.

 

Examples of qualifying activities

Examples of qualifying activities include, but may not be limited to:

  • valuation
  • legal surveys
  • acquisitions
  • compensation.

 

Other potential activities not shown above should be discussed with the NZTA for eligibility.

 

Exclusions

Exclusions include:

  • property purchase costs of less than $50,000 – these are to be included in the project costs conducted under the appropriate work category A type of activity – not confined to a particular activity class, e.g. new roads (work category 323) appears in:

    * activity class 12 – local road improvements
    * activity class 13 – state highways improvements
    , and
  • where an exchange of land occurs between a private landowner and an approved organisation, or where land is vested in an approved organisation by a private owner required to do so without monetary payment for the land, the transaction does not qualify for funding assistance. however, where these involve payment of land transfer fees or stamp duty, these costs can be included as acquisition costs.

 

Conditions

Conditions include:

  • assistance is considered only at the time of the application for construction/ implementation funding assistance, and is based on the greater of the purchase price or current market value
  • legalisation surveys Surveys related to the formal acquisition and documentation of land for roads. , including plan fees payable to Terralink, are to be treated as part of the land acquisition cost. No other expenses involved in the legalisation process are eligible for funding assistance
  • any payment for Betterment recovered in terms of section 326 of the local government act 1974 shall be a credit to the cost of the project
  • all costs must be identified by project and available for audit, and
  • a land plan must be available for audit purposes and must indicate the area of land to be purchased and the part that is to be converted to road reserve A legally described area within which facilities such as roads, footpaths That portion of the road reserve set aside for the use of pedestrians only. and associated features may be constructed and maintained for public travel. , with each individual property to be identified on the plan

 

Funding assistance rate

The usual funding assistance rate for this work category A type of activity – not confined to a particular activity class, e.g. new roads (work category 323) appears in:

* activity class 12 – local road improvements
* activity class 13 – state highways improvements
is:

 
 

Last Updated: 01/09/2020 1:25pm