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Whitehaven Coal Limited : Annual Report 2013
58 Whitehaven Coal Limited Annual Report 2013 Voluntary Planning Agreements As part of its approval process, Whitehaven is required to enter into Voluntary Planning Agreements with local government. Guidelines are set down for the quantum of these payments. In Whitehaven's case we have entered into agreements that are well in excess of the stated guidelines. Site VPA payments Maules Creek $6,000,000 over two years Funds to be utilised on the upgrade of infrastructure and roads including Therribri Road and Tarrioro Bridge. $5,000,000 over ve years Funds to be utilised on the upgrade of the Narrabri Airport. $800,000 over three years Funds to be utilised on various projects within the township of Boggabri and its surrounds. $275,000 over three years Funds to be contributed to the Maules Creek Community. $1,250,000 over two years Funds to be utilised on CBD upgrades in the Narrabri Shire $100,000 To be allocated to an environmental fund. Ongoing -- Approx $800,000pa Payment to Narrabri Shire council of $0.075 per saleable tonne, to be paid monthly. At full production this is expected to equate to approximately $800,000 per annum. Tarrawonga $1,400,000 over one year Funds to be utilised for the construction of sealed roads around the Tarrawonga mine site with an emphasis on sealing Manila Road for the bene t of local residents. Unallocated funds to be spent at the discretion of Narrabri Shire Council. $100,000 To be allocated to an environmental fund. Ongoing -- Approx $150,000pa Payment to Narrabri Shire Council of $0.075 per saleable tonne, to be paid monthly. At full production this is expected to equate to approximately $150,000 per annum. Werris Creek $300,000 Spend over six years in consultation with Liverpool Plains Shire Council and community with two-thirds to be spent in Werris Creek township. Narrabri $2.9 million Commenced in 2010 with funds directed to Narrabri Shire Council for a range of requirements including the redevelopment of the Narrabri Swimming Pool Complex Rocglen $500,000 over ve years 6 Communities
Annual Report 2012