Hon John Banks QSO Mayor of Auckland City

10 September 2004

Mayor: MoU good news for V8 street race

“Today’s signing of the Memorandum of Understanding (MoU) with Transit is good news for the proposed V8 Supercar street race and a positive demonstration of the relationship between Transit and Auckland City,” Mayor Hon John Banks said today.

Auckland City Council chief executive Bryan Taylor signed the MoU with Transit chief executive Rick van Barneveld.

Over the past three weeks Transit and Auckland City have agreed what the key issues are and have prioritised what work is required before and after consent.

The MoU is viewed as an important step towards resource consent for the event as Transit will now work alongside Auckland City to acquire the additional information the commissioners have required. It has been agreed that consultants from both organisations will jointly carry out the work and develop briefs together.

Mr Banks said the MoU is a clear sign of Transit and Auckland City working together collaboratively and demonstrates a strong spirit of co-operation.

“I thank Transit for their work to date and for their commitment to this MoU, the process, and constructively working through the traffic and travel demand issues and modelling with us. I also acknowledge the leadership of Mr van Barneveld in making this MoU a reality.”

Mr Banks said the event has huge value for New Zealand and the MoU gives Auckland a greater chance of securing it.

ENDS

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