STEPS have been taken to fix the St Helens barway.
The deadly stretch of sand lies off the coast of St Helens, on the way to Burns Bay.
It has been the cause of several boating accidents in the past and has claimed the lives of boaters, most recently a Campbell Town father last December.
Last week, the state government pledged $1.18 million in the state budget to stage 1 of the Pelican Point and Barway Marine Infrastructure Project.
The project is aimed at addressing the problem over the next two years.
The council and Marine and Safety Tasmania have also contributed funding to stage 1.
Break O'Day Mayor Mick Tucker said funding was appreciated.
"Addressing the problems with the barway and the entrance to Georges Bay will not only address safety issues, which has resulted in boating accidents, but will provide an economic boost to the area through the fishing and tourism industries, which will result in more local jobs," he said.
"The Break O'Day Council and its community sincerely thank the state government for their consideration and support for this extremely important project."
Cr Tucker explained that the barway had deteriorated in recent years and had proved to be a significant problem for boaters.
"The condition of the barway, and especially Pelican Point, has been deteriorating over many years and is now threatening to cut off access to the port of St Helens by ocean-going vessels within three years if nothing is done.
"A business analysis of the project by transport economist Dr Robert Noakes has shown the huge benefits that this project offers to St Helens, the region, and the rest of Tasmania."
The council will continue discussions with the federal government about Commonwealth funding to continue with stage 2 of the project.