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

 


Contact, Trust agreement on sale of Luggate land

MEDIA RELEASE

FOR IMMEDIATE RELEASE
Thursday 9 April 2014

Contact and The Red Bridge River Park Trust are pleased to reach agreement on sale of Luggate land

Contact and trustees for The Red Bridge River Park Trust this week have agreed sale conditions for a parcel of Luggate land sought by the charitable Trust to develop a community river park involving native fauna and flora restoration and freshwater ecology. The positive resolution follows over a year of discussions between long term tenant of the land and trustee Lewis Verduyn-Cassels and Contact over the proposed sale of the 0.4 ha property.

“We’re very pleased to reach an agreement that enables both parties to move forward positively, with the Trust able to now explore its plans to develop the community river park,” says Contact’s Generation & Development Project Manager, Neil Gillespie.

“We are grateful to the many people behind the scenes who have contributed their support to this agreement. The Wanaka Community Board, and numerous donors, have all made this project possible,” said River Park Trustee, Lewis Verduyn-Cassels.”

“As the original proposal for the river park included adjacent land that was sold to other individuals, the Trustees will be looking at revising the project plan to reflect the changed ownership. We literally have decades of work ahead of us as we progressively restore and enhance the Red Bridge area.”

As part of the agreed sale process the Trust will pay a portion of the market sale price of the land up front, with further settlement due within the next five years. Separate to the sale to the Trust, Contact is in the process of finalising arrangements to gift a 1.9 ha block of land adjacent to the Luggate Bridge to the local community, most likely through the Queenstown Lakes District Council.

Contact has been progressively selling parcels of land it owns in the Clutha region in recent years, following an announcement in 2012 that it was no longer progressing a proposed Hydo generation development in the area.

ENDS

Note to Editor: A simplified map has been provided to accompany this release. The land to be sold to the Red Bridge River Park Trust is labelled block 2. Blocks 1 and 3 were earlier sold by Contact. Block 4 is in the process of being separately gifted by Contact to the local community most likely through the Queenstown Lakes District Council.

Maps: 20140521_Luggate_properties.pdf

About Contact

Contact is one of New Zealand’s largest electricity generators and retailers. We keep the lights burning, the hot water flowing and the BBQ fired up for around 562,500 customer across the country. Powering the country with electricity, natural gas and LPG, our team of around 1,075 lives, works and operates in communities throughout New Zealand. www.contact.co.nz

About Red Bridge River Park Trust

The purpose of the Red Bridge River Park Trust is to create and manage a river park and native recovery centre on riverside land at the Luggate Red Bridge, on the Clutha Mata-Au River, for the benefit of the community in perpetuity

www.redbridgeriverpark.blogspot.co.nz


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On Hit & Run

The ‘living in denial’ reactions to the Hit and Run book by Nicky Hager and Jon Stephenson all tend to minimize the military raid in question, and the level of carnage involved.

Those reactions include the likes of
(a) within war zones mistakes will always happen, this happened years ago, and something similar happens in Afghanistan, Yemen and Syria every day.
(b) Civilians tend to be among the victims partly because in an insurgency it’s hard to tell the rebels from the civilians they live and operate among. And finally,
(c) Who should be surprised to find that when bureaucracies make mistakes, they deny and downplay their own errors to protect the wider mission.

All of those responses have been evident in the reaction thus far to Hit and Run, and they don’t stand up to analysis. More>>

 

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>>

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:

Kim Workman: Reality Check Needed For Public Service Reoffending Target

Reducing the prison population results in a reduction in re-offending. Shortening sentences reduces reoffending... More>>

ALSO:

PSA: Minister Should Stop Dodging On Salisbury School

"The decision around the future of Salisbury School has been overdue for months, and the ambiguity is leaving parents, staff and students in limbo. It’s time the Minister stopped hiding, muddying the waters and being dishonest about her Ministry’s intentions," says Erin Polaczuk, PSA national secretary. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news