Bass Coast Shire Council has purchased land on Back Beach Road in Phillip Island for the new Phillip Island Transfer Station and Council Depot.
Progressing the Phillip Island Transfer Station, which includes funding for the acquisition of a suitable site and detailed design, is a major initiative of Council.
The 45 hectare site is located at Lot 1, 380 Back Beach and was purchased for $1.6 million.
As the Transfer Station and Depot only requires around 4.5 hectares, the size of the site means that the Transfer Station can be situated to minimise impact on neighbouring properties.
Uses for the remainder of the site will be determined in consultation with the community.
Bass Coast Shire Mayor, Cr Brett Tessari, said the land was purchased from the open market and was presented to Council for consideration alongside a number of other options to deliver the Transfer Station and Council Depot project.
"The report was considered in the closed part of the agenda as it was dealing with contractual matters. Once the purchase was completed, the decision could then be made public," Mr Tessari said.
Council allocated $1.8 million in the 2019/20 budget to purchase a site and to complete the detailed design for the Transfer Station and Depot project. The total cost of the Project, to be delivered over the next two to three years, is estimated at $9 million.
The purchase of the site will require the allocation of additional funding to deliver the Transfer Station and Depot project, or an allocation of savings from other project costs.
The purchase of the land is contingent on the completion of due diligence including soil and geo-technical reports, to be completed by 30 January 2020.
Detailed design of the Transfer Station and Depot will need to occur and then planning permit approval will be sought before construction can begin.
