EAST PERTH POWER STATION —
409. Hon PETER COLLIER to
the minister representing the Minister for Lands:
My question without notice is asked
on behalf of Hon Tjorn Sibma, who is on urgent parliamentary business.
I thank the minister for his answer
to my question yesterday regarding the East Perth power station redevelopment
project and for his confirmation that four individual lots are incorporated
within the overall project precinct.
(1) Has the
government commissioned a valuation of each of the four lots, numbered 600,
601, 602 and 100?
(2) If yes to (1), what are the
present market values for each of those lots?
(3) What impact
will the government's commitment to $50 million in site works have on
the valuation of those lots?
STEPHEN DAWSON replied:
I thank Hon Tjorn Sibma for some
notice of the question.
(2) It is a combined
value of $1 for all four lots. The cost of removal and relocation of existing
power infrastructure and subsequent decontamination of the land exceeds the
value of the land, resulting in the $1 valuation.
government's commitment to site works will facilitate the activation
and redevelopment of the site by the private partner.