DCC purchase of Carisbrook avoids open market

…for a while at least

This morning, David referred to Chief Executive Jim Harland’s statements about the Dunedin City Council’s purchase of Carisbrook from the Otago Rugby Football Union (ORFU), as featured in the print and digital editions of today’s ODT (page 12).

Mr Harland was replying briefly to a Letter to the editor written by Calvin Oaten.

The comments for public consumption are:

Q: Why did the DCC buy Carisbrook?
A: To assist the ORFU as anchor tenant in the new stadium and to secure a piece of industrial land for the future of the city.

Q: What price did the DCC pay?
A: This information is confidential until negotiations have been concluded.

Q: Was the purchase price factored in as part of the budgeted $198 million cost of the Awatea St stadium?
A: No. The council’s concern is to ensure the ORFU is in a viable financial position looking into the future.

Q: What use does the DCC see for the purchase and what costs are budgeted for in order to demolish existing improvements, thus making way for reuse or sale of the site?
A: No decisions have been made on the future use of Carisbrook. The modelling prior to purchase took into account likely demolition costs.

Q: Did the purchase include the ORFU’s other properties on Burns St and parking areas on Neville St?
A: Yes.

****

David notes the other question put by Mr Oaten but left unanswered by Mr Harland was:

Q: Did the price agreed take into consideration the $2 million debt that the ORFU owes the DCC?

[David says the $2 million is owed to ratepayers.]

Posted by Elizabeth Kerr

2 Comments

Filed under Architecture, CST, Economics, Hot air, Media, Politics, Project management, Site, Stadiums, What stadium

2 responses to “DCC purchase of Carisbrook avoids open market

  1. Phil

    Has the ORFU signed on as an Anchor Tenant ? I thought they had just agreed that they would use the facility as required, rather than signing on as a formal tenant. Good news if that has happened.

  2. Elizabeth

    Read the full text of Calvin Oaten’s letter to the editor (ODT 15/6/09) published at al’s dunedin Blog.

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