Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Funding Tarras irrigation scheme included in Long Term Plan

MEDIA RELEASE


February 21, 2013

Funding Tarras irrigation scheme included in Long Term Plan

The Otago Regional Council (ORC) has voted to amend its 2012-22 Long Term Plan (LTP) to include a proposed investment in the Tarras irrigation scheme.

When councillors considered the issue yesterday, ORC chairman Stephen Woodhead said the consensus was that the community and environmental benefits associated with the proposal offered a compelling case to include it in the LTP.

Cr Woodhead said the financial risks are not considered excessive, and more certainty would be provided by the ORC conditions associated with the proposal.

The regulatory roles that ORC carries out can be managed through rigorous internal processes, as we already do with a number of other dual functions that are part of our core business.

Tarras Water Ltd has asked the council to make an initial investment of $3.5 million in the scheme, through the purchase of redeemable preference shares. It has also asked ORC to contribute to fixed charges for five years after the scheme is commissioned, which is estimated to be September 2014.

“The Lindis is a water-short area, and the future of sound environmental management, farming and the local economy is based on the availability of reliable water.”

“The irrigation scheme will bring certainty of supply and support the transition from deemed permits, when they expire in 2021, to resource consents. This means that, should the scheme proceed there will be enough water to supply local farms, and leave more residual water in the Lindis River,” Cr Woodhead said.

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Flyover Over: NZTA Not Appealing Flyover Decision

The NZ Transport Agency has decided not to appeal the High Court’s Basin Bridge decision, and says the High Court’s findings provide valuable clarity to help guide the development of future infrastructure projects throughout the country. More>>

ALSO:

Developing Crown Land: Government, Auckland Iwi Reach Agreement

The government has reached agreement with Ngati Whatua and other Auckland iwi over developing 500 hectares of excess land in Auckland for private housing which had been under High Court challenge. More>>

ALSO:

Gordon Campbell: On Maurice Williamson

Maurice Williamson seems to have been granted an annual licence to embarrass the National Party, and its that time of year again. Also as per usual, Williamson’s recent exercise in sexism and homophobia has passed by with barely a murmur from his leader. More>>

ALSO:

Green Climate Plan: Shaw Launches 40% Emission Cut Target

Green Party co-leader James Shaw has announced an emissions target initiative for 40% reduction by 2030. He said agriculture has to long been used as a reason for inaction, a roadblock to action... He proposed a tax of 8 cents per kilo of milk. More>>

ALSO:


Images & Video: Four Alternative Flags For Referendum

Flag Consideration Panel chair, Professor John Burrows, said the Panel’s decision had been guided first and foremost by the results of its engagement programme across a range of communities where thousands of Kiwis shared what was special about New Zealand, as well as the Panel’s own selection criteria. More>>

ALSO:

Transport Report: LGNZ Calls For Proactive Approach To Mobilise Regions

LGNZ has today released Mobilising the Regions, its major transport study, which highlights the economic and social impact of strategic transport decisions nationally and in the regions, and the direct link between regional development, national prosperity, social well-being and cohesiveness. More>>

ALSO:

Transport: New Rules Bring Double-Deckers To Our Cities

New rules that allow buses, including double-deckers, to carry more people will ramp up the public transport offering in our cities, Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say. More>>

ALSO:

Cycling:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news