Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Further red zone properties addressed

Hon Gerry Brownlee
Minister for Canterbury Earthquake Recovery

13 September 2012

Further red zone properties addressed

Canterbury Earthquake Recovery Minister Gerry Brownlee has announced the basis of Government offers to owners of vacant and commercial/industrial land within the flat land residential red zone, as well as residential properties that are uninsured.

Similar properties in the Port Hills will be addressed at a later date.

To date the Government has sent offer letters to 6479 insured residential properties on the flat land in greater Christchurch; 15 insured residential properties under construction; and five insured properties owned by not-for-profit organisations.

Today’s announcement affects four categories of land and ownership within the residential red zone:

• 65 parcels of vacant land
• 50 properties that were occupied at the time of last February’s quake but which are uninsured
• 22 insured commercial/industrial buildings
• 6 insured houses on leasehold land

The 65 known parcels of vacant land within the areas zoned red since June last year are uninsured and therefore not eligible for the Crown’s original residential red zone offer.

“We have decided to assist the owners of these properties by giving them the option to sell their land to the Crown at half the most recent rateable value,” Mr. Brownlee says.

The owners of 50 properties in the flat land residential red zone which do not comply with the Crown’s insurance requirements will also receive offers.

“In these instances the Government’s considerations were similar to those for owners of vacant land, and therefore the same offer of 50 per cent of the rateable value of their land will be made,” Mr. Brownlee says.

“If owners decide to take this offer, the land and any buildings on it will become property of the Crown from the settlement date.

“What the owner chooses to do with any buildings on the land up until that day is entirely up to them.”

There are also 22 insured commercial/industrial buildings in the residential red zone. The land these buildings sit on is not covered by Earthquake Commission (EQC) insurance as it is not residential.

“The ongoing value of the land is significantly reduced due to earthquake damage,” Mr. Brownlee says.

“In order to aid recovery and support the objectives of the residential red zone process, it has been decided to also make an offer to the owners of these properties.

“This offer will entitle the owners of the 22 insured commercial/industrial properties to a similar choice as those owning insured residential properties. The price offered for these properties will be the most recent rating valuation for the improvements and half the most recent rating valuation for the land under Option 1, or half the most recent rating valuation for the land under Option 2.”

The other category in the flat land zoning process addresses six insured homes on lease-hold land. These are all in the Waimakariri District.

The standard Crown residential offer will be made for these properties but the offer will be conditional on the lessee entering into an agreement with the Waimakariri District Council for the purchase of the freehold interest in the land.

Vacant land owners will be required to settle within six weeks of accepting the Crown offer or 30 April 2013 (or 30 June 2013 if the property is located in Southshore), whichever occurs first.

The final settlement date for all other categories of properties will be 30 April 2013 for most areas, with the Southshore red zone being 30 June 2013.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Epic Fails Of Kris Faafoi


Ever since Winston Peters first breathed life into this government in 2018, its own branding has been all about social justice and how we all need to be “kind” to each other. Somehow, Kris Faafoi must have missed the memo. His performance in the immigration portfolio (in particular) has neither been kind nor just, especially to the migrants whose skills New Zealand will need to get us through Covid, and grow the economy into the future... More>>

Covid-19 & Government: Government Green Lights Rapid Antigen Testing


Some of the country’s largest businesses have put in an order for 300,000 approved rapid antigen tests for their workforce, after working at pace with the Government on a new scheme unveiled by Associate Minister of Health and Research, Science and Innovation Ayesha Verrall... More>>


ALSO:




 
 


Government: Opportunity To Shape NZ’s First Emissions Reduction Plan
The Government is inviting New Zealanders to inform the country’s first Emissions Reduction Plan with the release of a consultation document containing a range of policy ideas to decrease the country’s emissions, Prime Minister Jacinda Ardern and Climate Change Minister James Shaw announced today... More>>

ALSO:


Government: Books Show Resilient And Strong Economy
The end of year audited Crown accounts released today show the Government’s health led approach to the COVID-19 pandemic has protected New Zealand’s economy. “On almost every indicator the accounts show that the New Zealand economy has performed better than forecast... More>>


Healthcare: Health System Is Ready For Assisted-dying Law
The health system is ready for the implementation of the End of Life Choice Act when it takes effect next month, making assisted dying legal in New Zealand, Health Minister Andrew Little said today... More>>

ALSO:



Government: Mandatory Vaccination For Two Workforces

Large parts of two workforces critical to preventing the spread of COVID-19 will be required to be vaccinated, COVID-19 Response Minister Chris Hipkins said today. “Our education and health and disability workforces have done an incredible job throughout this pandemic to keep themselves and people safe,” Chris Hipkins said.... More>>


Green Party: Deeply Concerned Space Launches May Be Breaching Nuclear-free Laws

The Green Party is deeply concerned that space launches by Rocket Lab may be breaching nuclear-free laws, given our long-standing position as a signatory of the Nuclear Non-Proliferation Treaty... More>>



Children's Commissioner: Call For Mandatory Vaccination Of Children’s Workforce
The Children’s Commissioner and Assistant Māori Commissioner are calling for a plan for the mandatory vaccination of teachers and the entire children’s workforce in New Zealand... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels