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

 


Fundraising for Len Lye Centre Reaches Council Target

6 March 2014

Fundraising for Len Lye Centre Reaches Council Target

The New Zealand Lottery Grants Board today confirmed a grant of $2.695 million for New Plymouth’s Len Lye Centre, ensuring that the $10m budget for constructing the centre plus $1.5m for fit-out of both the centre and its cinema will be met through external funding.

Mayor Andrew Judd says: “This is good news. The Council’s intention has always been to remove the need for rates or borrowing to fund construction and fit-out and I am pleased we have achieved this goal.

“It has been a great effort from all parties involved including Council staff, the Len Lye Centre Trust and the Len Lye Foundation.

“We must also recognise the generous contributions of our funders – central government, Todd Energy, the TSB Community Trust and private donors. Without their support and belief, this project would never have been possible.”

The lotteries funding not only removes the need for rates or borrowing to build and fit out the centre, it also means the Council will not have to call upon a TSB Community Trust underwrite pledged in 2012 to cover construction and fit-out costs not funded from other external sources.

Chief Executive Barbara McKerrow says: “The Council has been clear in its desire to build and fit-out the Len Lye Centre without burdening ratepayers and I am delighted that we have been able to deliver on this through an outstanding fundraising effort.

“However, reaching the fundraising target does not lessen our commitment to finding alternative sources of revenue and maximising efficiency at the combined Govett-Brewster Art Gallery and Len Lye Centre.

“Nor will we stop the fundraising drive to make this new community asset the best it can possibly be when the doors open for business next year.”

Len Lye Centre - the numbers

Cost of construction and fit-outFundraising to date
$10m – construction of new building$1m – TSB Community Trust, committed in 2009
$1.5m – fit-out of centre and cinema$4m – Ministry for Arts Culture and Heritage Regional Museum Policy Fund, 2011
$0.5m – Lotteries’ Environment and Heritage Fund, 2011
$3m – Sole Founding Partner, Todd Energy, 2011
$0.305m – private donors as of March 2014
$2.695m – Lotteries’ Significant Projects Fund, March 2014
Total : $11.5mTotal : $11.5m

Part of a wider project
The Len Lye Centre is one part of an overall project totalling $16.928m. In addition to the $11.5m budgeted for the centre, the Council is using depreciation funding of $5.428m for earthquake strengthening, deferred renewal work and Building Code requirements at the neighbouring Govett-Brewster Art Gallery. All work was tendered in a single contract to minimise cost.

The new contemporary art museum, combining the Govett-Brewster Art Gallery and Len Lye Centre, is due to open in 2015.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Bullish On China Shopping: Trade Minister On Premier's Visit

Q+A: Trade Minister Todd McClay – not ruling out a conversation around Chinese workers coming to New Zealand to work on infrastructure projects as part of trade talks:

‘Yeah, well, that’s not something that’s on the table at the moment, but, look, what we’ve agreed as part of the, you know, when we start the upgrade negotiation, both sides can raise issues that are of importance to them. We’ve got a list of things we want to talk about. China may well have.’ More>>

 

Little Heading For Court: Apology Over Donation/Hotel Contract Claims Not Accepted

Today I want to publicly apologise unreservedly to Mr Hagaman for any hurt, embarrassment or adverse reflection on his reputation which may have resulted from my various media statements. I have offered that apology to the Hagamans. More>>

ALSO:

Biscuit Tin Of Democracy: World Heritage Site Protection, Ombudsman and Equal Pay Bills Drawn

On Thursday, 23 March 2017 three places are available on the Order Paper for the first reading of a Member’s bill. The ballot was held, and resulted in the following bills being drawn... More>>

ALSO:

Emissions Plan: NZ Needs More Science, More Trees, Fewer Beasts

A combination of technology breakthroughs, much more plantation forestry, and a big switch away from pastoral, particularly dairy farming, are identified as the key elements of any approach New Zealand takes to reducing its carbon emissions to a net zero level, according to a new report sponsored by the New Zealand chapter of GLOBE, a multi-party, global parliamentary grouping. More>>

ALSO:

"Backed To Win Seats": Labour Māori Seat MPs Won't Stand On List

The Labour Party is backing a request from its Māori seat MPs to stand as electorate MPs only, says Labour Leader Andrew Little. More>>

OutsKey: John Key's Valedictory Speech

I rise to address this House for the very last time. It has been a huge privilege to have served the people of Helensville as their member of Parliament, and, of course, the people of New Zealand as their Prime Minister. More>>

ALSO:

Productivity Commission: New Models Of Tertiary Education Are Coming

The report is a broad-ranging inquiry into how well New Zealand’s tertiary education system is set up to respond to emerging trends in technology and the internationalisation of education, and changes in the structure of the population, and the skills needed in the economy and society... More>>

ALSO:

PM's Press Conference: Water Everywhere

Monday's Post-Cabinet press conference focused on water, with the Prime Minister fielding questions about the possibility pricing water taken for export. Mr English said the government was directing their water allocation technical advisory group to include export water in considerations. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news