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


Final offers sent to property owners in anchor project areas

Media Release – 9 August 2013

Final offers sent to property owners in anchor project areas

The Crown has begun sending out letters with a final offer of purchase for properties in central Christchurch that are designated for priority anchor projects.

Of the areas where the Crown is initially focusing, agreements are in place for the purchase of 80 per cent of the designated land area for the Convention Centre Precinct, Bus Interchange, and top part of the East Frame.

``While the progress to date has been very good, we are now at the point where we need to push on to bring these exciting new projects to fruition for the people of Christchurch,’’ says acting Christchurch Central Development Unit (CCDU) director Baden Ewart.

``In the case of those properties we need, where we have unable to make progress by agreement, we are writing to the owners to make a final offer of purchase. Beyond that if we are still unable to reach an agreement, the Crown may consider compulsorily acquiring the property.’’

``Compulsory acquisition is not our preferred method, but we also cannot afford to hold up the development of the new central city.’’

The Crown takes advice from two independent valuers in determining what offer to make for the designated central city properties.

If a property is compulsorily acquired, compensation for the previous owner and any other person will be determined by the Minister for Canterbury Earthquake Recovery or his delegate, based on the market value of the property at the time it is acquired.

A claimant has the right to make representations to the Minister or his delegate regarding the amount of compensation offered. If a claimant still does not agree, there is a right to appeal to the High Court.

The Crown and the Christchurch City Council recently signed a cost sharing agreement that directs how much each party will pay for major central city projects and horizontal infrastructure, and which party will lead each project.

Full timeframes and milestones for each of the anchor projects will be released by the CCDU before 1 September. Indicative timeframes and information on the projects can be viewed at http://cera.govt.nz/news/2013/greater-christchurch-recovery-update-issue-24-august-2013.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Criminalising Of Rap Music

For black youth in America, there can be only three ways out of the ghetto: athletics, music or drug dealing. And for every individual who succeeds in making it out, dozens more attach themselves to their celebrity crews in order to bask in the reflected glory, and partake of the lifestyle. And what rap musician can afford to turn their back entirely on the ‘hood, when staying street and staying real is what their audience demands of them..?


Government: Investment Boosts Coastal Shipping In Aotearoa
New Zealand is a step closer to a more resilient, competitive, and sustainable coastal shipping sector following the selection of preferred suppliers for new and enhanced coastal shipping services, Transport Minister Michael Wood has announced today... More>>

Government: New Zealand To Stay At Orange For Now
With New Zealand expecting to see Omicron cases rise during the winter, the Orange setting remains appropriate for managing this stage of the outbreak, COVID-19 Response Minister Chris Hipkins said today... More>>

Australian Election: Prime Minister Congratulates Anthony Albanese
Prime Minister Jacinda Ardern has congratulated Anthony Albanese and the Australian Labor Party on winning the Australian Federal election, and has acknowledged outgoing Prime Minister Scott Morrison... More>>

Government: Independent Panel Appointed To Review Electoral Law
Justice Minister Kris Faafoi today announced appointments to the independent panel that will lead a review of New Zealand’s electoral law. “This panel, appointed by an independent panel of experts... More>>

Trade: Prime Minister To Visit United States
Prime Minister Jacinda Ardern is leading a trade mission to the United States this week as part of the Government’s reconnection strategy to support export growth and the return of tourists post COVID-19... More>>

National: Jacqui Dean To Retire From Parliament In 2023

Waitaki MP Jacqui Dean has announced that she will not be seeking re-election at the 2023 election. “I have advised the President and Leader of the National Party that I have decided not to put my name forward... More>>




InfoPages News Channels