The Normanville Foreshore and Jetty Caravan Park Masterplan is moving forward with an additional $2.1 million grant funding secured from the Department of Infrastructure and Transport, Open Space and Places for People 2020-21 Grant Program.
The total contributions for the Normanville Foreshore project, which councillors said was "a once in a lifetime opportunity" is a council contribution of $4,861,100, external funding received of $6,800,500 for a total cost of $11,661,600.
Yankalilla Council Chief Executive Nigel Morris said the development of the Normanville Foreshore and Jetty Caravan Park Masterplan had been over five years in the making.
"It has been reported that the Foreshore Masterplan will put council into debt by over $11 million. This is not the case," Mr Morris said.
"For clarity, the amount, while still a considerable amount, is up to $4,861,100."
The breakdown of the funding for the project -
- Normanville Surf Club council contribution: $1,155,000, external funding received: $2,345,000, total: $3,500,000;
- Normanville Kiosk council contribution: $1,600,000, zero external funding for a total commitment of $1,600,000;
- Rear Entry to Surf Club/Kiosk: no council contribution, external funding: $310,050, total: $310,050;
- Jetty Caravan Park - Cabins: council contribution: $2,045,450, external funding: $2,045,450, total: $4,090,900;
- Green Space/Nature Play Space: council contribution: $60,650, external funding: $1,171,550, total: $1,232,200;
- Plaza: no council contribution, external funding: $584,200, total: $584,200;
- Jetty and Beach Interface: no council contribution, external funding: $344,250, total: $344,250.
Tenders are open to develop the Jetty Caravan Park Normanville, closing on June 28.
"If council was to borrow all $4,861,100 at 3 per cent the interest payments on this amount would be about $146,000. Administration will continue to update the community on the progress of the masterplan," Mr Morris said.