Yesterday and today, spurred by the stadium debate, Richard Walls provides opinion in the Otago Daily Times on Council debt levels, borrowings, investment and effect on rates. The newspaper properly credits the writer as a Dunedin ratepayer, city councillor and chair of the DCC’s Finance and Strategy committee. Far be it from us to add the word redoubtable before the good Councillor’s name.
### ODT Online: Opinion Thu, 12 Feb 2009
Answering stadium critics
Debt (read borrowings) has become something of a touchstone for those who oppose a particular capital works project. Indeed at times, I and others wonder if the confusing mix of opinion and “own fact” by regular critics of council borrowing is really another imaginative creation from the Miramar workshops of Weta!
### ODT Online: Opinion Fri, 13 Feb 2009
Actual borrowings by DCC ‘low’
Why does the Dunedin City Council borrow and how has Dunedin City Holdings Ltd performed over the past 15 years? In the second of a two-part article Richard Walls defends the council’s rates record.
Cr Walls was always going to have his field day. It would be no surprise then if he earned a stinging rebuttal from local resident Calvin Oaten who is mentioned severally throughout the mountains and valleys of Cr Walls’ thought.
We persisted with his views, not sure if other Councillors would share them or the historical account proffered to get us where we might be today. Nevertheless, we thank him for his trouble.
By the end of the read, perhaps, we had suffered or become faithless – or had slaved as devotees. But at any rate (!!) there is the tendency to become less critical of the stadium project itself at the expense of disproportionate rise in critical appreciation of the Council and its moral baggage, not all of it in a good calm light.
We look forward to public reaction as may suit writers, speakers and users of gestures!