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Shoalhaven City Council is still to decide the future of the Nowra Sailing Club.
The historic building was destroyed by fire on the evening of June 21.
The damage to the building was so extensive it will have to be demolished.
Council’s director Corporate and Community Craig Milburn said the insured value of the building was $1 million.
“Council has not made a decision on the future of the location,” he said “we are waiting to hear back from the insurance assessors.
“The assessors have been down a couple of times and we have provided all the information they have requested and continue to provide any information that is required.
“We are now waiting for their assessment.”
He said the insurance not only covered the building but the foundations as well.
“I’m hesitant to say what could be built there,” Mr Milburn said.
“Before any decision can be made when have to hear from the insurer.
“We have to wait and see what the insurance value is but to put anything in that location on the river will be expensive due to the cost of foundations.
“Council will continue to keep working with the community to see what can be done at the site.”
There is strong community interest to have something constructed on the site, especially to act as an unofficial flood measure as the sailing club building has been for many years.
“It would also have to adhere to the strict flood regulations and the known high velocity of flood waters in the area to work out exactly what could be built there,” Mr Milburn said.
“Of course there are restrictions on what we could build there.”
There has been suggestions of a memorial sign or device to be put in place on the site, topped with the same profile as the club’s roofline.
It was suggested to have the site’s history included and of course the different levels of the recorded floods.
Mr Milburn said council would still be installing pylons for the proposed pontoon wharf.
“Those pontoons will have to be above the 100 year flood level, so perhaps we may be able to incorporate them into indicating the flood levels,” he said.
“Maybe they could act as a reference point.”