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

Legal Issues: Gordon Campbell On The Commerce Commission Fuel Report

Yesterday’s interim Commerce Commission report on the fuel industry will do nothing to endear the major oil companies to the New Zealand public.

Apoparently, the fuel industry is an oligopoly where the Big Three (BP, Mobil and Z) that import 90% of this country’s fuel also control the supply, pricing, profit margins etc etc, from wharf to petrol pump, thereby all but throttling genuine competition at every stage along the way. More>>

 

Emergency Govt Bill: Overriding Local Licensing For The Rugby

“It’s pretty clear some clubs are having difficulty persuading their district licensing committees to grant a special licence to extend their hours for this obviously special event, and so it makes sense for Parliament to allow clubs to meet a community desire." More>>

ALSO:

Leaving Contract Early: KiwiBuild Programme Losing Another Top Boss

Ms O'Sullivan began a six-month contract as head of KiwiBuild Commercial in February, but the Housing Ministry has confirmed she has resigned and will depart a month early to take up a new job. More>>

ALSO:

Proposed National Policy Statement: Helping Our Cities Grow Up And Out

“We need a new approach to planning that allows our cities to grow up, especially in city centres and around transport connections. We also have to allow cities to expand in a way that protects our special heritage areas, the natural environment and highly productive land." More>>

ALSO:

Ombudsman's Report: Ngāpuhi Elder 'Shocked' By Conditions At Ngawha Prison

A prominent Ngāpuhi elder is shocked to find inmates at Ngawha Prison are denied water and forced to relieve themselves in the exercise yard... Chief Ombudsman Peter Boshier has released a report highly critical of conditions at the Northland prison. More>>

ALSO:

Promises: Independent Election Policy Costing Unit A Step Closer

The creation of an entity to provide political parties with independent and non-partisan policy costings is a step closer today, according to Finance Minister Grant Robertson and Associate Finance Minister James Shaw. More>>

ALSO:

School's In: Primary And Intermediate Principals Accept New Offer

Primary and intermediate school principals have voted to accept a new settlement from the Ministry of Education, which includes entrenched pay parity with secondary principals. More>>

ALSO:

IPCA On 'Rawshark' Investigation: Multiple Police Failings In Hager Searches Confirmed

The Independent Police Conduct Authority has found that the Police's unlawful search of Nicky Hager's property in October 2014 resulted from an unwitting neglect of duty and did not amount to misconduct by any individual officer... More>>

ALSO:

Broadcasting Standards: Decisions On Coverage Of Mosque Attacks

The Authority upheld one of these complaints, finding that the use of extensive excerpts from the alleged attacker’s livestream video on Sky News New Zealand had the potential to cause significant distress to audiences in New Zealand, and particularly to the family and friends of victims, and the wider Muslim community. More>>

PM's Post-Cab: Bad Mail

Cabinet was updated on the process around prisoners sending mail, following the accused Christchurch gunman sending letters that "should have been stopped". All mail of "high concern prisoners" will now be checked by a specialist team and a changes to the legal criteria for witholding mail are expecting to go to a cabinet committee in this parliamentary session. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels