Hamilton City Council Shouldn’t Throw $10 Million Into A Pond
"Hamilton City Council cannot justify contributing $10 million to an inland lagoon resort while it’s increasing rates by 8.9 percent," says New Zealand Taxpayers’ Union spokesman Louis Houlbrooke.
“If the proposal makes good business sense, then it shouldn’t need a ratepayer subsidy. There’s a risk the lagoon fails to pull in punters and becomes a stagnant pond. That risk should be borne by the developer, not Hamilton ratepayers.”
“It’s a concern in and of itself that the developer had the cheek to ask the Council for ten million bucks. Hamilton City Councillors need to eradicate any perception that they’ll hand over ratepayer money to every passing monorail salesman.”