Home National Prestigious Harbourside Private School Seeks to Purchase Street from Financially Struggling Council

Prestigious Harbourside Private School Seeks to Purchase Street from Financially Struggling Council

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Sydney Church of England Grammar School, commonly referred to as Shore School, is pursuing the acquisition of a portion of Edward Street from North Sydney Council. This initiative aims to facilitate smoother drop-offs and pickups for parents during peak times, enhancing the safety and traffic flow around the school.

While no financial details for the street’s purchase have been disclosed, the council has requested a $20,000 bond from the school for further consideration of the proposal. A council meeting is set for tonight, where councillors will deliberate on advancing the proposal and entering into formal negotiations, which would also involve consulting local residents.

Shore School already owns the buildings adjacent to the section of Edward Street it seeks to purchase. The council has indicated that closing off a public road is permissible if it is deemed not “reasonably” necessary. This particular part of Edward Street is strategically located next to school grounds, with no residential properties nearby.

In a statement to 9News, Shore School explained that acquiring this section of the street aligns with broader efforts to improve traffic management and student safety during busy school hours. The boys-only institution charges annual tuition rates that can reach as high as $46,000, with boarding fees adding another $35,000.

The North Sydney Council, facing financial challenges, has previously discussed significant service cuts and possible fee increases due to the rising costs associated with the redevelopment of the North Sydney Olympic Pool, which is projected to cost $122 million. Plans to increase local rates by nearly 90% were previously reconsidered, and the council is also exploring options for new revenue streams, such as charging for access to waterfront views during events like New Year’s Eve.

Historically, entities such as schools, churches, and hospitals enjoy exemptions from council rates. As this proposal unfolds, North Sydney Council remains a central figure in shaping the future of the street arrangement adjacent to Shore School, with consultations and further discussions anticipated to involve community input.

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