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Shellharbour City Council approved a plan to use marina earnings for long-term city asset maintenance.
Shellharbour City Council unanimously approved measures to ensure the Shellharbour Marina benefits the entire city.
Future earnings, called "the dividend," will be invested, with interest used for maintenance, potentially extending to other city assets.
The council aims to balance maintenance needs with community expectations, planning for long-term sustainability over 100 years.
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El Ayuntamiento de Shellharbour aprobó un plan para utilizar las ganancias del puerto deportivo para el mantenimiento de activos de la ciudad a largo plazo.