Thursday, 20 February 2014, 12:19 pm Press Release: BusinessNZ
Media release 20 February 2014
Guidelines
for development contributions sought
Better
council treatment of property developers would help housing
affordability, says BusinessNZ.
Submitting on the Local
Government Amendment Bill (3), BusinessNZ endorsed its
provisions on development contributions.
BusinessNZ
economist John Pask said councils were increasingly asking
property developers for development contributions, with few
guidelines to ensure this was transparent or consistent
across different councils.
“A coordinated approach
is needed so all councils adopt a consistent, transparent
approach to development agreements with property
developers. Also needed is an appeal process for
grievances about the level or appropriateness of development
contributions required,” Mr Pask
said.
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