The NSW Government has funded a $3 million land swap arrangement to save a number of Murwillumbah businesses devastated by the 2017 Flood.
Member for Lismore, Thomas George made the announcement on site in Murwillumbah’s Industry Central Estate, on behalf of the Deputy Premier, Minister for Regional NSW and Minister for Small Business, John Barilaro MP.
Thomas George praised Tweed Shire Council for its initiative, saying the proposal was on the Government’s desk just 10 days after the flood.
Under the deal, Tweed Shire Council will prepare the 16.11 hectare plot for development and apply for further State Government grants to for the cost of infrastructure, such as roads, water and sewer.
Businesses would have up to 10 years to relocate. Their former flood-prone land would be back zoned, most likely for community or agricultural uses in order to remove impediments from the flood plain.
Priority was given to businesses in high velocity flood areas or of high value (more than 50 employees who lost more than $1 million in the March 2018 flood).
The seven businesses interested in relocating employ around 300 people and include Shoobridge Transport, Williams Timber & Trusses, Hayes Steel and O’Connors Carrying Service.