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Developer appeals court's ruling on funds for Ballina Council

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A Queensland developer is appealing a Land and Environment Court ruling in a further attempt to reduce contributions owed to Ballina Shire Council.
Intrapac, the developer behind the Aureus estate in Skennars Head, took the council to the Land and Environment Court when it did not, within a certain period of time, approve an application to reduce developer contributions arising from the 229-lot subdivision.
The development was approved by the Northern Regional Planning Panel, with conditions including $4,580,000 worth of contributions to be paid to the council.
Intrapac was also required to build a new roundabout, embellish parks within the development and invest $15,000 in public art. ....

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Aptorum Group Limited: Aptorum Group Receives Clearance from Health Canada to Initiate a Phase 1 Clinical Trial for ALS-4, a Small Molecule Drug for Infections Caused by Staphylococcus aureus including Methicillin-resistant Staphylococcus aureus (MRSA)

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Aptorum Group Limited (Nasdaq: APM, Euronext Paris: APM) ( Aptorum Group or Aptorum ), a biopharmaceutical company focused on novel technologies including the targeting of infectious diseases, announced that the company, through its wholly owned subsidiary, Aptorum International Limited, has received clearance from the Public Health Agency of Canada (Health Canada) regarding the Clinical Trial Application (CTA) to commence a Phase 1 study of ALS-4, an orally administered small molecule drug intended to treat infections caused by
Staphylococcus aureus including MRSA.
Dr. Clark Cheng, Chief Medical Officer and Executive Director of Aptorum Group, commented, The clearance of our CTA application for ALS-4 drug represents a significant milestone for the company and one of a number of targeted strategic goals for 2021. This milestone supports the transition of Aptorum Group to a clinical-stage company and reflects the potential of our scientific rigor and novel appr ....

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Another roundabout slated for new development

The applicant has argued the proposed work will provide improved traffic management for the estate. ....

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Developer's bid to lower financial responsibility falls flat

Queensland-based developer Intrapac lodged a development application for Skennars Head subdivision Aureus in May, 2017.
The Northern Regional Planning Panel approved the creation of 229 new lots and other works, subject to conditions, in February, 2019.
The conditions of consent included a requirement for Intrapac to pay developer contributions in line with Ballina Shire Council s Roads Contributions Plan and Open Spaces and Community Facilities Contributions Plan.
The full contribution required worked out at more than $20,000 per lot, at $4,580,000.
Intrapac was required to build a new roundabout, embellish parks within the development and provide $15,000 worth of public art.
The Aureus residential development at Skennars Head. Picture: Intrapac Property ....

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