Bonds
A development bond is a payment made to Council as a financial security to cover unfinished construction works and/or conditions. All bonds must be paid before endorsement of Survey Plan sealing or prior to booking an 'On establishment' inspection (whichever occurs first).
A development bond does not include infrastructure charges security bonds. For details, visit our Infrastructure charges page.
Reducing, releasing development bonds
You can submit a formal written request to reduce or release a bond. See City Plan Land Development Guidelines Section 6.12.7.
How to apply
Use this form to apply for the following bond types:
- performance
- uncompleted works
- establishment
- maintenance.
Refer to our Register of fees & charges for any application fees.
The application process has 2 parts: bond assessment application and bond lodgement.
Next steps – bond lodgement
Your application will be assessed within 10 business days of lodgement
A letter of approval and a deed of agreement will be emailed to the applicant with instructions for completion, return of the agreements and how to make the bond payment. All correspondence will be addressed to the consultant stated on the Bond Assessment application form.
Once the signed agreement has been returned to the City please allow up to 5 business days for processing of correctly lodged agreements and bond payment.