Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

A Victory For Common Sense

A Victory For Common Sense

Christchurch City Council Abandons Plan To Sell City Care

Keep Our Assets Canterbury is delighted that the Christchurch City Council has finally agreed with what we’ve said all along – namely that there is not, and never was, any justification for selling City Care.

No commercial justification and certainly no political justification.

The Council press release announcing this 180 degree policy U turn quotes Cr Raf Manji as saying: “The decision not to sell was based on the nature of the preferred offer and associated conditions”.

The people of Christchurch, who own City Care, will probably never be told who made that preferred offer or what the “associated conditions” were.

KOA hazards a guess that the Council couldn’t get the price it was seeking and decided to retain a vestige of self respect by not giving City Care away.

We also suspect that the Council (or at least the seven Councillors plus the Mayor who voted to sell assets, including City Care) will be mightily relieved to get this political hot potato off the table just a few months out from the local body election.

KOA won’t let them off so easily though. The Council press release says: “Christchurch City Holdings Ltd remains committed to returning the full amount of capital release funding required in our budgets”.

The Council voted 8-6 to sell assets to the value of $600 million (reduced from the original $750m) over three years.

Meaning that once the election is out of the way, it can resume selling assets, which could include anything from Red Bus to Enable to Lancaster Park (and everything inbetween – with the exception of the only three remaining listed strategic assets: Orion, Lyttelton port Company and Christchurch Airport Ltd. There has to be a public consultation before any of those can be sold).

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

Whilst savouring our victory in having saved City Care, KOA won’t be putting away our banners just yet.

Not until the Christchurch City Council renounces its plan to sell any public assets. Dump the outmoded 1980s’ privatisation agenda. It didn’t work then and it certainly doesn’t work now.

We said that we would ensure that asset sales will be one of the major issues (if not the major one) in the local body election.

To that end, we are not just protesting on the street or inside the Council Chamber.

We are running John Minto as our candidate for Mayor, with a full folder of progressive, positive people-first policies (which can all be viewed at http://mintoformayor.org.nz/keep-our-assets/).

A Minto led Christchurch City Council will keep our assets as its top priority.

ends

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.