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

 


Economic development boost for Ōtaki

Economic development boost for Ōtaki

December 20, 2013

Shortfalls in the tenancy uptake of the second clean technology building have forced Council to step in and take hold of the reins.

The performance of the Clean Technology Trust had left the Council “significantly underwhelmed” with little to show for the investment that had so far been allocated, said Councillor Gavin Welsh, Chair of Council’s Corporate Business Committee.

As a result, Council has taken over the lease (for a six year term) with a view to widening the criteria for the types of tenants the second building might support.

The independent trust was set up in July 2012 to drive the growth and development of the Clean Technology Park off Riverbank Road in Ōtaki.

The Park involves two buildings. The first was erected several years ago and is managed by Grow Wellington. The second, still under construction by Riverbank Estates Ltd, will be completed early in the New Year.

Just over a year ago the previous Council decided to support the Trust by providing a $1.5 million loan to be paid back over a period of nine years. At the time it set down how that loan could be used.

“Unfortunately the Trust failed to stay within the original financial envelope, spending more on administration than it should have,” said Councillor Welsh.

“We are now close to the building being completed and although there has been some measured interest from the clean technology sector, very few have committed to take up residence.”

Council wished to continue its commitment to economic development in Ōtaki, “so we will be widening our focus to include new and innovative businesses, and giving it an almighty shove to get the place buzzing," he said.

"Our economic development team is currently in negotiations with Grow Wellington as to which businesses could be best suited to take full advantage of this impressive new building, along with all the benefits and support networks that come with it."

Councillor Welsh said the development of clean technology would continue at the park, however “we believe that the widened criteria will prove less restrictive to prospective tenants."

He said the new arrangements would be funded from the Economic Development budgets agreed to by Council in the Long Term Plan and would require no additional ratepayer funding.

Mayor Ross Church welcomed the moves. "Kāpiti is poised to develop both innovatively and economically. We're really keen to ensure that Ōtaki continues to play an important part within that development." he said.

The new building is due to open early next year, offering superior 'off grid' technology, Ultra Fast Broadband, and wide-reaching business development networks.

Interested parties should contact Philippa Richardson at Kāpiti Coast District Council on 042964700 to register for the open day.

Click here for further information.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Drone Strikes And Judith Collins‘ Last Stand

The news that a New Zealand citizen was killed last November in a US drone attack in Yemen brings the drones controversy closer to home.

To the US, drones are a legitimate response to the threat posed by the al Qaeda organisation and its franchisees... To the US, the drones carry the added advantage of not putting US troops at risk on the ground, and minimises the need for putting them in large numbers in bases in the countries concerned, always a politically sensitive point.

The counter-argument, well articulated by security analyst Paul Buchanan on RNZ this morning, is that this particular drone attack can be said to amount to an extra-judicial execution of a New Zealand citizen by one of our military allies, in circumstances where the person concerned posed no threat to New Zealand’s domestic security. More>>

 

Parliament Today:

Policies: Labour’s Economic Upgrade For Manufacturing

Labour Leader David Cunliffe has today announced his Economic Upgrade for the manufacturing sector – a plan that will create better jobs and higher wages. More>>

ALSO:

Gordon Campbell: On The Life And ACC Work Of Sir Owen Woodhouse

With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the titans of its post-war social policy. More>>

ALSO:

Bad Transnationals: Rio Tinto Wins 2013 Roger Award

It won the 2011 Roger Award and was runner up in 2012, 2009 and 08. One 2013 nomination said simply and in its entirety: “Blackmailing country”... More>>

ALSO:

Select Committees: Tobacco Plain Packaging Hearings

The Stroke Foundation is today backing the Cancer Society and Smokefree Coalition who are making oral submissions to the Health Select Committee in support of proposed legislation to remove of all branding from tobacco products. More>>

ALSO:

Milk: Oravida Asked For Cabinet Help

New evidence released by New Zealand First today reveals Justice Minister Judith Collins used her position to manipulate the Government to help her husband’s company, Oravida, after the Fonterra botulism scare, says New Zealand First Leader Rt Hon Winston Peters. More>>

ALSO:

With Conditions: Ruataniwha Consents Approved In Draft Decision

The Tukituki Catchment Proposal Board of Inquiry has granted 17 resource consents relating to the $265 million Ruataniwha Water Storage Scheme in a draft decision that would open more of the Hawke’s Bay to irrigation. More>>

ALSO:

Fast Lanes, Campervans: Labour 'Making The Holidays Easier For Kiwi Drivers'

The next Labour Government will make the holidays easier and journeys quicker for Kiwi families driving on the roads, says Labour Leader David Cunliffe. More>>

ALSO:

Gordon Campbell: On Royalty And Its Tourism Spin-Offs

Ultimately the Queen’s longevity has been one of her most significant accomplishments. A transition to Prince Charles while the monarchy was in the pits of public esteem in the mid to late 1990s would have been disastrous for the Royal Firm. Far more congenial representatives have now emerged... More>>

ALSO:

Privacy (Again): ACC Demands Excessive Privacy Waivers

Labour: “This is just another example of ACC under National deliberately acting to deny treatment and compensation... Those who did fill in the form have effectively been victims of yet another ACC privacy breach. This time Judith Collins knew it was happening..." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news