LIGHT Regional Council will contribute up to $25,000 towards a business case and cost-benefit analysis in support of a 13-kilometre shared bike and walking trailing, in Seppeltsfield.
The proposal, by the Seppeltsfield Road Business Alliance (SRBA), has been priced between $1.7 million and $2.2 million and will connect 33 renowned tourist destinations, between Greenock, Tanunda and Nuriootpa, via a trail along Seppeltsfield Road.
According to a council report, a business case and cost-benefit analysis will position the project for eligible grant funding programs, some of which are scheduled for early 2018.
“The entire project proposal estimates a significant project cost without quantifying the economic benefits provided,” the report stated.
“The preparation of a business case and cost benefit analysis for the project will assess these economic benefits and allow the private sector, and all levels of government, to evaluate investment in the project.”
During council’s meeting, councillor Peter Kennelly attempted to move a motion that would have the Seppeltsfield Road Business Alliance finance the analysis via subscription from its own membership, however the motion lapsed for want of a seconder.
Council’s $25,000 contribution will be taken from its 2016/17 budget and will have no impact on its Long Term Financial Plan.
An initial stage of the proposed shared-use path has previously been supported by council and the State Government and is currently under construction along Seppeltsfield Road between Stelzer Road and the Information Bay at Stonewell Road.