Applications are now closed.
Council is offering not for profit, Shire-based sporting associations low interest loans. Loans are for a minimum of $25,000 to a maximum of $250,000 (out of a pool of $1 million).
Loan interest rates
The interest rate will be the Bank Bill Swap Rate applicable for the relevant term of the loan at the time of the loan approval, fixed for the term of the loan.
Indicative rates as at 27 January 2016 are:
- 3 years - 2.132%
- 4 years - 2.365%
- 5 years - 2.423%
- 7 years - 2.610%
- 10 year - 2.823%
How to apply
Read the assessment criteria before applying. Applications are now closed
Application assessment criteria
Loans can be used to finance infrastructure improvements such as club house extensions and renovations, flood lighting, ground improvements, seating and other facilities.
- Applicants must be a not for profit, Shire-based, sporting organisation
- Not for profit organisation representing a sport recognised by the Australian Sports Commission.
- Registered as an incorporated association.
- Application must be supported by the peak body (where applicable) in the Shire or the State for the particular sport.
- Improves the actual playing of the game by playing field improvement.
- Improves amenities facilities for players or spectators.
- Is consistent with council’s Open Space and Recreation Strategy (when adopted).
- Demonstrated capacity to meet loan repayments.
- Loan is matched by existing club funds. (Explanation of % matching and how this will be achieved.)
- Loan term matches the payment capacity.
- Capacity to meet financial obligations associated with the completed project. (Maintenance and renewal of works.)
- Improves universal access for persons of limited mobility.
- Multi-use capacity for completed project.
- Improves safety.
- Where a Club House is proposed, an agreement has been reached on lease terms with council.
- Promotes grass roots sporting participation and healthy lifestyle.
- Will reduce the consumption of electricity, water or gas.
- Will reduce maintenance costs for the club or council.
Applicants are assessed against the above assessment criteria by the Sports and Active Communities Sub-Committee.
Applicants will be advised of the outcome of their application after all applications have been assessed.
Review of decision
No representative of council will enter into discussion with unsuccessful applicants unless there is an error of fact in the assessment process.
If there is an error of fact, unsuccessful applicants may contact council and the claim will be investigated.
Deed of Agreement
If the application is approved a Deed of Agreement will be signed. This Deed of Agreement summary outlines the broad terms the nature and scope of the Deed and is a guide only.
Read the Deed of Agreement
Policies and documents
Sporting Facilities Development Fund
Enquiries can be directed to Sport Services Unit on 9710 0333 or email@example.com