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

 

As Govt now paying for ChCh stadium, millions freed up

Keep Our Assets Canterbury (KOA) points out that the 2013 Cost Share Agreement between the Key government and the Parker Christchurch City Council committed each party to pay $253 million towards the $506m cost of a covered stadium.

That Agreement remains in place - indeed that is confirmed in the Supplementary Agenda Paper for this Thursday's Christchurch City Council meeting, at which the stadium will be a major item.

The Ardern government has budgeted to give Christchurch a one-off gift of $300m. The City Council has said that it proposes to use $220m of this towards the stadium's cost.

In the absence of any evidence to the contrary, KOA is left with the only conclusion that this $220m is in addition to the Government's already-committed $253m for the stadium.

$253m + $220m comes to $473m . And - guess what - that same Council Supplementary Agenda Paper for Thursday's meeting lists $473m as the updated cost of the stadium.

This means that the Government is effectively paying all of the stadium cost. They are simply giving the Council the money with which to do it.

To put this in everyday terms - it's the same as Mum and Dad giving their child the money to pay a house deposit. The kid might be making the payment but Mum and Dad provided the money.

In this case Mum and Dad are paying for the whole house (let's call it the White Elephant House).

Meaning that the Christchurch City Council suddenly has $253m that is no longer needed for the stadium and can be spent on higher priorities. Such as repairing, replacing and replenishing its stock of public housing which is still 400 units down on pre-quake numbers. And for which it has budgeted a measly $30m.

The City Council has been stampeded into treating the stadium as its top priority by a concerted lobby campaign from the business community and the Rugby Union (which, despite standing to be the stadium's biggest beneficiary, is not prepared to spend one cent on it. Insult is added to injury).

KOA is not opposed to a stadium per se, but simply to its being given top priority in the city's rebuild. Once built it will be a public asset, but that's still years away, under any circumstances. The Council's housing portfolio is also a public asset, which needs urgent attention right now.

If we're wrong in our conclusion, and this new Government money is instead of the amount agreed in the Cost Share Agreement rather than in addition to it, then that raises a whole different set of questions. Such as, has that Cost Share Agreement been quietly renegotiated behind closed doors? Something that both Minister Woods and Mayor Dalziel have assured the people of Christchurch would not happen.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Crowdsale And Crowdfunding Campaign: Help Create The Future Of Independent News

Two weeks to go! The Scoop 3.0 plan aims to create NZ’s first community-owned, distributed news and media intelligence ecosystem in 2019. We believe this ScoopPro media monetisation approach can be scaled and spread globally to support local and independent news efforts in regional New Zealand and around the world.

Scoop is an ecosystem, it would not exist without those who contribute to it, read it and rely on it for professional media purposes. Generous past support from this ecosystem has enabled us to come this far in developing our business model. Support our PledgeMe Campaign>>

 

14/11: Two Years’ Progress Since The Kaikoura Earthquake

Mayor John Leggett said it was a day for reflection, but also a time to recognise the work by many people to support progress towards recovery made across Marlborough since November 2016. More>>

ALSO:

Pike River: Mine Drift Re-Entry Plan To Proceed

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little. More>>

ALSO:

Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>

ALSO:

Two Years Since Kaikoura: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>

ALSO:

Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>

ALSO:

Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>

ALSO:

Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>

ALSO:

"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels