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Loan to Nature Foundation to purchase Carrickalinga land is no longer required | The Times



At the December Yankalilla Council meeting a Motion on Notice was presented to assist the Carrickalinga Ratepayers Association and Nature Foundation SA to purchase Allotment 301, located at Brown Road, Carrickalinga.

It was in response to a deputation at the meeting from Nature Foundation’s Hugo Hopton.

Council supported a loan to Nature Foundation SA of $500,000 to support the purchase and for the loan to be for a maximum of 10 years.

Council also agreed, in principle, to commence a road opening process to support the purchase of Allotment 301 by opening a road on Allotment 301 abutting Allotment 300 and providing rear access to Allotment 300.

However, the loan will no longer be required, as the owner of the property has signed a contract…

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