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


Council, irrigators, and Crown formally agree to partnership

28 September 2017

Council, irrigators, and Crown formally agree to partnership

The partnership between Tasman District Council (TDC) and Waimea Irrigators Ltd (WIL) for the Waimea Community Dam project has taken a further step forward with the co-signing of a letter proposed to them by Crown Irrigation Investment Ltd (CIIL). The letter sets out agreement on the terms for capital raising, water supply and the obligations of each party.

The terms themselves are not legally binding, but the letter does obligate the parties to use reasonable endeavours to complete the remaining steps, including public consultation with Tasman residents, WIL successfully raising capital through the sale of shares, securing the necessary land, an agreed pre-construction cost allocation, and finalising a successful tender for construction of the dam - milestones that are already scheduled to take place in the coming months.

Council Chief Executive Lindsay McKenzie says the Council authorised him to co-sign the letter at its 7 September meeting, which was an indication of their support for the progress the project partners have made.

“All parties have been working hard to reach the agreement we now have in place and I’m very pleased with our progress,” Mr McKenzie says. “Each of us now has a job to do.

“The key issue for Council is to talk to our ratepayers about what we’re trying to achieve. Next month’s consultation will be focused on the proposal to create a council-controlled organisation between us and WIL and on the proposal to allocate costs to urban water users and ratepayers generally for the Council’s portion of the dam scheme. I am confident the proposal is sound and deliverable. Yet, I’ve learned from past consultation on this project that our ratepayers need certainty.

“With this agreement, we can give our ratepayers that certainty.”

The letter confirms CIIL will proceed with its involvement in the Waimea Community Dam project subject to the parties meeting key milestones. CIIL had made provisional commitment to provide a loan to WIL for up to $25 million and an additional $10 million interest-free loan to the Council recognising the environmental benefits from increased flows on the Waimea River.

WIL’s Strategic Advisor John Palmer says this project has many advantages for the community, including all parties agreeing to secure an important part of the Nelson Tasman region’s future by ensuring water will be available for the next 100 years.

“For more than a decade we have worked toward this scheme,” Mr Palmer says. “Now, we’ve made a very significant step with agreement between Council, irrigators, and central government on a funding model that is fair to all stakeholders. We all recognise our obligation to care for our rivers, and we can also see building the dam is currently the most significant economic development project for our region. It has the potential to realise more than $1 billion in GDP over the next 25 years. That’s $40 million per year, a huge opportunity.

“WIL is grateful for the work TDC has undertaken. Their actions are an example of smart, collaborative local government leadership.”

Mr Palmer says irrigators have taken up the challenge to take responsibility for nearly half of the dam’s construction costs.
“Business owners on the Waimea Plains know a secure source of water means they can be successful, contribute to regional GDP, grow the regional economy, and provide new jobs.

“We’ve got a job to do and I expect to reach our goal to raise $15 million.”

Mr McKenzie says the three parties will work closely in the coming months. “We all recognise that we can keep the Waimea River healthy and, through nature’s infrastructure, also provide a secure, long-term supply of water within the Plains to meet the demands of urban growth.”

Tasman District Council will open public consultation on 21 October to seek feedback on the funding and governance models. Waimea Irrigators Ltd will release their product disclosure statement to potential shareholders in November.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Tourism’s Endless Sense Of Grievance

Sad that a once in a century pandemic should have come along before the government had a clearly thought out plan for rescuing all the firms and saving all the jobs in the tourism sector. Sad that the government now looks like it was making up the criteria for support as it went along. But guess what? To some extent, they were. Possibly because in the modern era, a pandemic had never before caused international travel to evaporate almost overnight... More>>


PREFU: Economy Doing Better Than Forecast

The Pre-election Economic and Fiscal Update released today shows that the near-term economic recovery has been stronger than the Treasury and many economists predicted at the May Budget, as the economy bounced back strongly out of lockdown... More>>


PM Statement: Cabinet COVID-19 Alert Level Review

Takiri mai te ata, ka ao, ka ao, ka awatea, tihei mauriora! Tātou katoa ngā iwi o Aotearoa, tēnā koutou! Tēnā tātou e whakanuia ana i te wiki nei, te wiki o te reo Māori Greeting to you all from Otepoti, Dunedin. This week is the Māori ... More>>


Greens: $297m Fund To Support Sustainable Food And Farming

The Green Party has released its Farming for the Future Plan, including a $297m fund to support farmers and growers to transition to climate-friendly practices. The plan will: · Improve how we look after our land and water, with a levy on the ... More>>


National: Plan To Restore NZ’s Prosperity

National’s Economic and Fiscal Plan carefully balances the need to invest in infrastructure and core public services while also reducing tax pressure on Kiwi families and businesses. National Leader Judith Collins and Finance spokesperson Paul Goldsmith unveiled National’s ... More>>


NZ First: Party List

New Zealand First has a proven twenty-seven-year history of bringing balance and common sense to our government. Amid the continued setbacks of COVID-19 restrictions, New Zealand First has once again sustained its profile by selecting a strong team ... More>>

Election: Arriving Travellers In Isolation To Be Able To Vote By Telephone

Up to 5,000 people in managed isolation or quarantine will be able to vote by telephone in the general election and referendums after an amendment to electoral regulations last week. Chief Electoral Officer Alicia Wright says the Electoral Commission sought ... More>>

National: Investing In Our Children’s Future

A National Government will prioritise lifting achievement for all New Zealand children, no matter their background or ability, National Party Leader Judith Collins and National’s Education spokesperson Nicola Willis say. “Parents just want what’s best for ... More>>

Police: Numerous Arrests Following Investigation Into Historical Offending At Auckland School

Detective Senior Sergeant Geoff Baber, Auckland City Police: Police have made six arrests as part of an operation investigating historical offending at Dilworth School. Auckland City Criminal Investigation Branch have been investigating since a complaint ... More>>






InfoPages News Channels