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

 

‘Aspirational funding' the best way ahead for Hamilton


Hamilton Mayoral candidate, Angela O’Leary, told the Property Council at a Mayoral debate tonight that the current system of funding the city’s development isn’t working.

A funding system of ‘growth pays for growth’ has been led by the incumbent Mayor.

But O’Leary said the ‘growth pays for growth’ model is too simplistic.

“It forces a disproportionate burden of costs onto the investment community, rather than a balanced approach based on generating multiple benefits and negotiating funding according to who benefits” she said.

“I call my proposed funding model “aspirational funding” because it brings multiple benefits to the city”.

O’Leary gave an example of her proposed ‘aspirational funding’ using the Council-owned, run-down Celebrating Age Centre.

“The Celebrating Age Centre at the southern end of Victoria Street has long been home to many wonderful community groups and runs a full programme on most days, principally for the city’s older residents,” O’Leary said.

“But the building is tired and run down and no longer fit for purpose. It has been identified for redevelopment in the River plan”.

“As Mayor, I will propose a partnership between the City Council and the private sector that would deliver a much needed redevelopment of the community space which would be at no cost to the ratepayer”.

“Council would offer to sell the ‘air space’ above the centre to an investor for a nominal fee. This would allow several storeys of commercial or residential property to be built in return for redeveloping the ground floor into new community spaces for current and future community groups to use”.

“This is just one example of aspirational funding to get an important job done for the community at no cost to the residents of the city.”

O’Leary said developers needed greater certainty in their future relationships with the City Council.
She told the 100 member crowd at the Property Council that she was the sole loud objector during the Council reviews of the Development Levy.

“I saw what was coming and I predicted the consequences – the withdrawal of our developers, land banking, and businesses moving out of the city”.

“All of these things have happened. Just look at Sleepyhead and APL. This is poor decision making and bad policy from this Mayor and Council which is a handbrake on sensible development.”

O’Leary said she recognised that incentives work and that Council has a responsibility to offer incentives for developments where residents stand to benefit.

“I fought hard to keep the CBD remission when the current Mayor proposed it should be removed, other Mayoral candidate Southgate supported the removal of the CBD incentive over 2 years”.

“From my perspective it makes no sense to me at all to pull the rug out from developers who have invested in our town centre and made a commitment to its revival”.

“That’s why I believe my proposed partnership approach is one that offers opportunities for developers while bringing huge benefits for the people of the city at no cost to them.

“Let’s get it done” O’Leary said.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The RWC, And The Op Burnham Inquiry

Testimony was given that damning evidence had been culpably ignored, lost or (deliberately?) mislaid. The systems for handling secret material from our allies were – to be charitable – only loosely observed.

Moreover… vital evidence was only belatedly made available to the inquiry, and former NZDF officers later found to be central to the events under scrutiny were strangely missing from the original witness list offered by NZDF. In short, last week’s cross-examination of the military’s former top brass demonstrated in detail that the NZDF had consistently misled its Ministers (and the wider public) for years, over the impact of our military activities in Afghanistan. More>>

 
 

Guns, Lobbying: National Has Wish List For Arms Bill

National has today outlined the 13 changes we want to see in the second tranche of gun reforms before considering our support, National’s Police spokesperson Brett Hudson says. More>>

ALSO:

Call For Action On Expert Panel Report: Welfare System Needs Urgent Change

If we want New Zealand to be the best place in the world to be a child, the Government needs to increase benefits, remove sanctions, individualise benefits, and fix abatement rates now, says Child Poverty Action Group and ActionStation . More>>

ALSO:

First Data Releases: Mixed External Report On Census Fail Mitigation

The panel endorses the statistical approaches used to mitigate non-response... However, the unprecedented use of alternative government datasets to augment census data raises questions around ethics, social licence, cultural licence, and Māori data sovereignty. More>>

ALSO:

Aitches: Manawatū-Whanganui Region Spelling Corrected

The Manawatu-Wanganui Region will in future be correctly spelt Manawatū-Whanganui Region. The change also means the regional council will be known as the Manawatū-Whanganui Regional Council. Horizons Regional Council is the trading name for the council. More>>

PM In Japan: Jacinda Ardern’s Remarks Following Abe Summit

Today we discussed a wide range of topics. Broadly the themes were: a deeper, high-value trade and investment relationship, greater cooperation in the Pacific; and strengthening our security partnership. More>>

ALSO:

Replacing All But Chair: Twyford Appoints Five NZTA Board Members

Transport Minister Phil Twyford today announced the appointment of five new members to the NZ Transport Agency Board... There remain two vacancies on the NZTA Board which will be filled in due course. More>>

ALSO:

Climate Change: Adaptation And Risk Assessment Framework Released

“We are already experiencing the effects of a changing climate such as coastal inundation and increasingly frequent and severe droughts, floods, fires and storms. This framework is an acknowledgement that we must start adapting”, James Shaw said today. More>>

ALSO:

Ihumātao: Mana Whenua Reach Decision On Land

Māori King Tūheitia says mana whenua have finally reached consensus over what to do with Ihumātao - they want it back. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels