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Shenhua Funding for Indoor Sports Centre

Publish Time:2014-05-06
Pictured are Mayors and General Managers from the Liverpool Plains Shire Council, Gunnedah Shire Council and Tamworth Regional Council and Shenhua Staff.
Photo courtesy of Namoi Valley Independent
Representatives from Shenhua Watermark recently met with Mayors from the Liverpool Plains, Gunnedah and Tamworth Councils for the announcement and signing of the in-principle agreement of the Watermark Project Voluntary Planning Agreement (VPA).

The VPA was signed with the focus of advancing community amenities and infrastructure within the three shires to accommodate for the expected population boost that will occur if the Watermark Project goes ahead.

"We are pleased to have reached in-principle agreement on the terms of a VPA between Shenhua Watermark and Liverpool Plains Shire Council," Mr Paul Jackson, Shenhua Project Manager said.

Shenhua is committed to ensuring positive economic and social outcomes for the local community as a result of our mine proposal and the VPA is a further demonstration of our commitment to the economic future of this region.

Shenhua Australia's CEO, Mr Wang Ningbo said, "Over the past five years, Shenhua has committed $5 million to the regional community through the Project's Community Fund to support the development of the region's economy, enhance and maintain the environment, improve important indigenous and local facilities and develop and promote training and employment opportunities."

"This VPA is a natural extension of this philosophy and demonstrates the company's commitment to being a part of the local community over the 30 year life of this project," Mr Wang Ningbo said.

Mayor of Liverpool Plains Shire Councillor Ian Lobsey acknowledged Shenhua’s contribution to the Shire's recreational facilities through the VPA process.

"Council was very pleased to be able to negotiate for the construction of a $1.2m multipurpose indoor sports stadium in Quirindi," Clr Lobsey said.

"This much needed facility will be welcomed by the wider community of our Shire. It has been on our wish list for years however budget constraints and other more pressing priorities have resulted in it being regularly deferred.

"Through this VPA it will now become a reality. The facility will not only provide a venue for our local basketballers, netballers and indoor cricket and soccer participants but it will now mean that our local sports persons will not have to travel to other venues every week and it will conversely attract other teams to come to Quirindi to compete and thus add to the local economy," Clr Lobsey said.

Under the terms of the VPA, which will be binding after the Project is approved, Shenhua will provide $1.2 million funding for the construction of a regional indoor sports centre to be located in Quirindi.

In addition to the $1.2 million, Shenhua will undertake the detailed engineering and preparation of tender documentation for the Council for the Sports Centre up to the value of $300,000.


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