Ten Tasmanian councils to apply for $36 million worth of state government loans

Local Government Minister Peter Gutwein.
Local Government Minister Peter Gutwein.

Ten North and North-West councils have indicated to the state government their intention to apply for a share in a $60 million interest-free loans scheme.

The funds are part of the Northern Economic Stimulus package announced in September.

Local Government Minister Peter Gutwein said the councils indicated they would apply for more than $36 million from the loan fund for various projects.

The ten councils are Dorset, Launceston City, West Tamar, Central Coast, Northern Midlands, Circular Head, George Town, West Coast, Kentish and Latrobe.

“There are two councils [Central Coast and Northern Midlands] who currently have applications before treasury at the moment, and we are expecting the other eight applications to come in very shortly,” Mr Gutwein said.

“As applications are finalised I will be announcing the various projects, noting that the application period closes on March 31, 2017.”

One of the projects likely to receive funding is a $9 million 300 space car park at the CH Smith site, to be owned and operated by the City of Launceston.

“The Stimulus Package will help boost the Northern economy for the next two years and will fill the gap until the UTAS redevelopment at Inveresk gets under way,” Mr Gutwein said.

“These are targeted measures that will not only create jobs in the short term, but will leave a legacy of improved infrastructure for our schools, in our northern regions and across industries like civil construction and tourism.”