New Brisbane Lord Mayor Adrian Schrinner will fast-track Council’s biggest investment in parks and green space with a multi-million dollar investment over the next five years from the city’s future fund.
In his inaugural speech as Lord Mayor today, Cr Schrinner promised that all future dividends from the City of Brisbane Investment Corporation would be used to buy or create more parks, sporting fields and green space.
CBIC have provided more than $110 million of dividends to Council since it was established in 2008 and delivered a $20 million dividend to ratepayers in 2018.
“The City of Brisbane Investment Corporation is the city’s future fund and I can’t think of a better investment for the city’s future than creating more parks and green space,” he said.
“This investment will allow us to build the critical parks our city needs and protecting our unique lifestyle and green space.
“I’m going to be a Lord Mayor who champions extra parks for Brisbane and work to increase our green space. I plan to spearhead the biggest investment in parks and green space our city has ever seen.
“Keeping Brisbane clean and green is all about making our city liveable and sustainable for our children and future generations.
“Brisbane residents have told us they want more greenspace with new places to relax and this five-year program will deliver more land for community sport and recreation.
“My goal as Lord Mayor is simple – to make sure the Brisbane of tomorrow is even better than the Brisbane of today.”
Cr Schrinner said the five-year program would accelerate the creation of more parks, sporting fields and green space and would be in addition to funds already committed for Council projects such as new sports and community parks.
“The people of Brisbane “At the last election, Lord Mayor Graham Quirk committed to fast-track the purchase of 750 hectares of bushland over four years and in just three years almost 700 hectares has been secured,” he said.
“Over the next five years I’ll be fast-tracking the delivery of more parks, sporting fields and green space with the dividend from the city’s future fund.
Cr Schrinner has already announced a plan for five new green bridges to tackle traffic congestion, improve public and active transport and create a healthier, more active city.
The new bridges include the already announced Kangaroo Point to CBD river crossing, as well as Toowong to West End, St Lucia to West End, Breakfast Creek and Bellbowrie.