Singleton Council previously secured $3.5 million for the project from the 2016 Resources for Regions program, but received no further funding in its two subsequent applications in 2017 and 2018.
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Mayor Sue Moore said stage two addresses traffic management, contributes to the attractiveness of the town centre and will improve safety.
“Our community have been waiting a long time for stage two of this project to get off the ground, and we are thrilled to be a step closer in achieving the vision of our Town Centre Master Plan,” she explained.
“As all avenues have been exhausted in securing additional funding without the required co-contribution for the Resources for Regions program, we have made this borrowing commitment for next financial year which will allow the commencement of the works whilst utilising the previous grant funding monies.
“We have already seen the renewal of John Street and Ryan Avenue stimulate jobs and community activity in the heart of our town.
“This project will make a significant difference to the people who live and work in Singleton, including improved road safety, property appreciation and wider economic benefits that will contribute to a creative, vibrant, economically diverse and healthy community.”
The $7 million scope of works includes:
- Undergrounding of power for the length of the works (Campbell Street dependant on budget)
- New street lighting using the same light posts as per the John Street CBD Upgrade
- Street furniture to enhance visual and physical connections
- New pavement, kerb and gutter
- New footpath
- Signage, line-marking and delineation, including a pedestrian crossing across John Street near Riverside Park
The revised scope of works excludes the proposed upgrades to Bailey Union Park, which will be considered as a separate project in subsequent budgets (these upgrade works will not include the installation of traffic signals at the Campbell Street roundabout).