Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Britomart Agreement Is Ended

Auckland City Council today voted to terminate the Master Development Agreement (MDA) for the Britomart project.

Mayor of Auckland City, Chris Fletcher says the time has come to provide certainty on the status of the project.

Mrs Fletcher said, “It is Council’s view that Salomon Smith Barney (SSB) have already brought the existing contract to an end. In order to remove any doubt Council has now resolved that the contract should be formally ended.”

“Over the last year Council has consistently sought to work in good faith within the conditions of the MDA.”

The Council have fulfilled its obligations by advising its contract partners that it had obtained resource consents for the Britomart project in mid August. Under the MDA the financier was also required to be satisfied with the conditions of the consents.

“After two and a half months, SSB have not yet declared themselves satisfied with these consents. Three deadlines of 31 August, 30 September and 21 October have already passed.

“SSB have consistently refused to take the next step forward to allow the timely progress of the project”, said Mayor Chris Fletcher.

Mrs Fletcher says the time has come to move on. “Council has taken this decision after advice from officers and legal advisors, so that certainty can be achieved.”

“To advance our vision for improving transport in Auckland, we remain anxious to move ahead with the development of a central transport interchange. Today’s decision includes a direction that work can begin on options for a new transport interchange,” she said.

End.



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK


Environment Aotearoa 2019: Report Warns Environment In Serious Trouble

The report is jointly produced by the Ministry for the Environment and Statistics New Zealand, and is a follow on from the last report in 2015.

The report says the way New Zealanders live and make a living is having a serious impact on the environment, and the benefits New Zealanders get from being in nature, though not measured or quantified, could be lost. More>>

 

Gordon Campbell: On Scrapping The Capital Gains Tax

As PM Jacinda Arden said yesterday, there was no point in Labour bringing a proposal into the House that it didn’t have the votes to get passed. Looking back, maybe she always felt this outcome to be inevitable... More>>

ALSO:

Welfare: Access To Hardship Grants Hits Record High

Figures from the Ministry of Social Development for the March 2019 Quarter showed that hardship assistance grants increased by $48 million in the past year... They also showed the emergency housing grants went from $6.6m to $23m, and there were 70,000 extra requests for assistance for food. More>>

ALSO:

City Rail Link: Billion Dollar Cost Rise (And Preferred Bidder)

The revised cost envelope for completing the entire Auckland City Rail Link project now totals $4.419 billion. The revised cost has yet to be endorsed by the project’s sponsors (the Crown and Auckland Council). More>>

ALSO:

Meth Scare: Debt Write-Off For HNZ Meth Testing Evictions

People living in Housing New Zealand (HNZ) properties who were wrongly evicted because of flawed methamphetamine contamination policies will have their related debts with the Ministry of Social Development (MSD) written off. More>>

ALSO:

RNZ Report: Fears Grow For NZ Nurse Kidnapped In Syria

A New Zealand nurse working for the Red Cross was captured by Islamic State (IS) in Syria more than five years ago, and there are now public pleas for any information that could help bring her home. More>>

ALSO:

Streets Blocked In London: Climate 'Extinction Rebellion' Reaches Aotearoa

Across the world, thousands of people are taking part in a rebellion to avert climate, ecological and human catastrophe. This begins in Aotearoa New Zealand today. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels