Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Council needs to come clean about dirty dam

Council needs to come clean about dirty dam

The Green Party is calling for the Hawke’s Bay Regional Council to release the figures showing the cost to ratepayers of the Ruataniwha Dam.

The Chair of the Council’s investment company refused to release figures at a Council meeting yesterday. However, documents presented to the meeting do show that the dam will result in a shortfall of $3.15 million from cash-generating investments. The Council has also sold an income stream from leasehold properties, worth around $1.7 million annually, to generate capital but refused to confirm this was to fund the dam.

“Hawke’s Bay Regional Council needs to come clean with what the full cost of the dirty dam proposal will be,” Green Party water spokesperson Eugenie Sage said today.

“The Council needs to confirm how much of a short fall the Council will be facing. Is it just the $3.15 million from lost investment revenue over the next two years. Or is the total much higher because they haven’t included the $1.7 million annual lost revenue from leasehold properties?

“Any short fall will need to be made up from increases in rates or increased Council debt. Either way the burden will fall to the people of Hawke’s Bay to bear.

“Councillors and ratepayers need to know what the true cost of this dirty dam will be on top of the $80 million of council subsidy currently proposed.

“The refusal of the Council’s investment company to provide numbers to councillors at a meeting yesterday highlights the need for more transparency.

“Council ratepayers carry the most risk if the scheme fails to sign up enough users, and ratepayers should be told how much this proposal will cost.

“New Zealanders want rivers they can swim in. The Council needs to stand up for our rivers, not spend unknown amounts on this dirty dam,” said Ms Sage.
Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Road Crime: Wicked Campers Vans Classified As Objectionable

The definition of publication includes any "thing that has printed or impressed upon it, or otherwise shown upon it, 1 or more (or a combination of 1 or more) images, representations, signs, statements, or words", The Classification Office has previously classified such 'things' as billboards, t-shirts, and even a drink can. This is the first time the Classification Office has classified a vehicle. More>>

ALSO:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news