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:

Arming Police: Frontline Police To Routinely Carry Tasers

"In making the decision, the Police executive has considered almost five years worth of 'use of force' data… It consistently shows that the Taser is one of the least injury-causing tactical options available when compared with other options, with a subject injury rate of just over one per cent for all deployments." More>>

ALSO:

Gordon Campbell: On D-Day For Dairy At The TPP

While New Zealand may feel flattered at being called “the Saudi Arabia of milk” it would be more accurate to regard us as the suicide bombers of free trade. More>>

ALSO:

Leaked Letter: Severe Restrictions on State Owned Enterprises

Even an SOE that exists to fulfil a public function neglected by the market or which is a natural monopoly would nevertheless be forced to act "on the basis of commercial considerations" and would be prohibited from discriminating in favour of local businesses in purchases and sales. Foreign companies would be given standing to sue SOEs in domestic courts for perceived departures from the strictures of the TPP... More>>

ALSO:

"Gutted" Safety Bill: Time To Listen To Workplace Victims’ Families

Labour has listened to the families of whose loved ones have been killed at work and calls on other political parties to back its proposals to make workplaces safer and prevent unnecessary deaths on the job. More>>

ALSO:

Regulators: Govt To ‘Crowd-Source’ Regulatory Advice

A wide-ranging set of reforms is to be implemented to shake up the way New Zealand government agencies develop, write and implement regulations. More>>

ALSO:

Board Appointments: Some Minister Appoint Less The 3 In 10 Women

“It’s 2015 not 1915: Ministers who appoint less than 3 in 10 women to their boards must do better, they have no excuse but to do better,” said Dr Blue. More>>

Gordon Campbell: On The 1990s Retro Proposals For Our Health System

As we learned yesterday, the reviews propose that the democratically elected representation on DHBs should be reduced, such that community wishes will be able to be over-ridden by political appointees. In today’s revelations, the reviews also propose a return to the destructive competitive health model of the 1990s. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news