Tuesday 28 April 2020

Lake Plan Looks To Boost Local Economy Post COVID-19

BY IAN CROUCH

Lake Macquarie City Council will spend almost $400 million over the next financial year to help drive the city's economy beyond the COVID-19 pandemic.

Council voted on Monday night to put its draft Operational Plan out on public exhibition for community feedback by May 30.

It includes $105 million dollars in capital works, with $63 million to be spent on upgrading existing assets and $42 million on new assets.

Some of the key features in the plan include $2.4 million to revitalise Pearson Street Mall at Charlestown and ongoing design and construction of stage one of the Fernleigh Track extension to Blacksmiths.

Council will spend $2.4 million to revitalise Pearson Street Mall in the next financial year