Council’s $300 million investment in the local economy

The adoption of the 2020-21 Operational Plan ensures continued support for businesses and the community during the COVID-19 pandemic.

At Penrith City Council’s Ordinary Meeting on 27 April, councillors endorsed the 2020-21 Operational Plan which includes several measures to support those experiencing financial hardship as well as looking forward to recovery.

A key component of the Plan commits nearly $300 million of investment into the local economy. It will see the commencement of significant expenditure in infrastructure projects including the Regatta Park upgrade, Soper Place multi deck car park and commercial building, City Park, and final planning for the Gipps Street recreational precinct. Mayor Ross Fowler OAM said "We're looking at our recovery and want to ensure Penrith retains its strength now and into the future."

The Plan also includes the establishment of the COVID-19 Hardship Relief Fund. Those experiencing hardship as a result of the pandemic can gain fee relief, by application, on community and business fees.

Cr Fowler outlined the significant measures Council has already implemented to support local businesses. Totalling over half a million dollars, these measures include waiving commercial rents for those affected by mandatory closures, as well as relief from fees for outdoor dining, food shop inspections and Annual Fire Safety Statements.

The 2020-21 Operational Plan will go on public display from 4 May to 1 June 2020. To make a submission visit Your Say Penrith.

Image: Penrith's City Park is one of the projects mentioned in Council's 2020-21 Operational Plan