DCHL, subsidiaries and DCTL

UPDATED

Agenda – Council – 15/10/2012 (PDF, 36.1 KB)
Extraordinary Council Meeting

Report – Council – 15/10/2012 (PDF, 32.2 KB)
DCHL Governance Structure

### ODT Online Fri, 12 Oct 2012
Further shake-ups for boards
By Chris Morris
The Dunedin City Council’s stable of companies is set for another injection of fresh blood as part of major restructuring prompted by a dividend shortfall last year and the political storm that followed. The changes will affect the boards of Delta Utility Services and Aurora Energy – governed by the same directors – and City Forests. Two directors from each are to be replaced by two new recruits, with fresh talent and skills. In addition, the board of Dunedin City Treasury Ltd (DCTL) will be completely replaced by the recently appointed directors of the council’s holding company, Dunedin City Holdings Ltd. The changes were outlined in a report by DCHL chairman Denham Shale and will be considered at an extraordinary council meeting on Monday.
Read more

Warren Larsen Report (PDF, 3.9 MB)
Governance review of all companies in which Dunedin City Council and/or Dunedin City Holdings Limited has an equity interest of 50% or more.

Related Posts:
1.11.11 Dunedin City Holdings Limited
28.10.11 DVML, DVL and DCHL annual reports
16.9.11 DCHL and subsidiaries: shuffling, no real clean out?
2.9.11 Dunedin City Council is buggered
13.8.11 Ridding DCHL of conflicts of interest, Otago business monopoly ‘by director’, and other ghouls
11.8.11 CRITICAL Dunedin City Council meeting
9.8.11 CRITICAL Dunedin City Council meeting
3.8.11 D Scene broke the news
29.7.11 WE ALL SAID IT #DunedinCityCouncil #SHAME
9.2.11 DCC and DCHL, was there ever any doubt?

Posted by Elizabeth Kerr

36 Comments

Filed under Business, DCC, DCHL, Economics, Media, Name, People, Politics, Project management

36 responses to “DCHL, subsidiaries and DCTL

  1. Anonymous

    Oh for crying out loud! No surprises there with Slippery Syd Brown, but Robert Clark too? The infestation goes deep in this corrupted council. Once again we are led to believe the New Our Stadium Mayor Dave Cull is complicit if he has allowed this systemic corruption to continue on his watch.

    Councillor Syd Brown must be removed from council and Robert Clark stood down immediately from his property management position.

  2. Hype O'Thermia

    Fresh blood, yeah.
    Even a starving dog wouldn’t waste time taking a sniff.

  3. Robert Hamlin

    Mike must be congratulated for digging this one up. There appears to be no references to its activities on the Web at all, bar the legal minimum required by the Companies Office and this does not include the more interesting details.

    It therefore poses many questions. Is it under DCHL control, or is this some type of direct public private venture via the DCC? Why/how did the DCC get involved? Did the full council ever get to hear about it? What are the objectives of this company? What assets were put in by the various shareholders in return for their respective stakes? What have these assets been converted into by the Company? What is the formal reporting process for this venture to its DCC shareholder? What is the DCC’s collection on investment/exit strategy?

    The constitution says that any shareholder holding 49% or above can appoint two directors. How were these directors nominated by the DCC and how/when, where and to whom have they reported (if at all) since 1996?

  4. Hype O'Thermia

    Just send a letter to the ODT and ask. You know you’ll get straight answers straight away, if not you’ll be kindly invited to come in and discuss it in person with their spooksman.

  5. Calvin Oaten

    The only real question left is; why is it that we still have an elected council and Mayor? Other than ceremonial functions, mayor Cull is virtually surplus to requirements. Worse, by his very presence he creates all manner of embarrassments and costs. No, the council by its very nature performs no useful endeavours at all, other than ‘massaging’ their own sense of importance. In fact, they exert no directions at all, simply rubber stamp and sign off on most or all directives placed in front of them. It is abundantly clear that the administrators together with DCHL management and directorship call all the shots, dictating to council how and when things should and will be done. This has been amply demonstrated by the latest announcement that council will, in a special extraordinary meeting on Monday next, ratify the appointment of the latest round of directors of DCHL and its group of subsidiary companies. This, before DCHL has even presented its Annual Report for Y/E 30-06-12. Insulting is a word that springs to mind. The directors are clearly serving notice that they see council as no more than an impediment in their way and would get on with it in their own manner. Again, we see the small (very) minority controlling the masses, just as Mr Key would wish it. Tough for the ratepayers though, no protection whatsoever.

  6. Hype O'Thermia

    And nobody challenges them – nobody they actually have to answer to “OR ELSE!” Not the media, not government, not regulatory authorities. They’re so damn safe.

    • Elizabeth

      Updated post – top of thread.

      AND, just to make everyone’s day – including false reckoning towards the proposed tower hotel and the thinnest of reasons by your Mayor Dull to be cranking the warehouse district at ratepayer cost. But doesn’t he sound grand to the boggle boys:::

      DCC Media Release
      Revised population projections positive

      This item was published on 12 Oct 2012.

      Dunedin Mayor Dave Cull has welcomed revised Statistics New Zealand projections that point to a higher population growth for the city than previously predicted, but adds there is work to be done.

      According to the revised figures Dunedin is projected to grow faster than earlier predictions, taking the city’s population from the 122,300 recorded in the 2006 census, to 134,700 by 2031. That is 5,000 more than Statistics New Zealand’s previous projections, released two years ago.

      Mr Cull says while the figures point to the prospect of population growth, the city needs to actively pursue it and cement in the gains by generating more economic activity and jobs.

      “Dunedin particularly needs to attract skilled people who have started or are about to start a family,” he says.

      “Our Economic Development Strategy has identified the opportunity for the city to be involved in smart business areas like online education, health ICT and design.

      “These are areas where Dunedin is carving out a niche. We will be endeavouring to attract family-age people with the right skills and match them with these businesses and industries.”

      The recently-adopted Dunedin Economic Development Strategy includes specific initiatives in the area of attracting skilled staff, such as a talent attraction programme offering specific job and business opportunities to migrants, and re-engaging Dunedin diaspora and alumni.

      The Statistics New Zealand projections suggest Dunedin will grow to 128,100 people by 2016, reaching 130,500 by 2021, 132,800 by 2026 and 134,700 by 2031.

      Contact Dave Cull, Mayor of Dunedin on 477 4000.

      DCC Link

      RING YOUR F****** mayor and shake his hand, It’s All Right Here. $800M of consolidated council debt and rising, and no way to pay for it except by sinking every ratepayer and resident’s private wealth and water connection.
      COME HITHER YE FAITHFUL FOR THE PLUCKING

  7. anonymous

    More questions. Does Cr Sydney Bernard Brown do anything in the best interests of the Dunedin City ratepayer? The ward he supposedly represents? Or just maintain a presence in council to mind the affairs of his own interests and those of Stakeholders? It is important to remember Mayor Dave Cull supported this senior Stadium Councillor into one of the most powerful financial positions at Dunedin City Council and therefore he is fully complicit with the activities of this councillor. I hold Mayor Cull accountable for continuing to allow Syd Brown to operate in the self-serving manner he has for so long.

  8. anonymous

    Hooboy, that’s a piece of corporate puff. I bet that Spook was given the rest of Friday off for coming up with so many tie-ins. Bet a quick email was sent off to the ODT editor as thanks for paving the way before running out that junk.

    Elizabeth, their circus is designed to keep you distracted while the ringleaders sneak up behind and steal your purse.

    • Elizabeth

      Anonymous, we had Chin in a wedding dress. Cull is the Fat Lady Sings for BOTH SIDES at his ugly political convenience. At least Chin wore lace. Somehow these Cullish-spookish bullish er bleatings will capture hearts of zombies in the madding crowd. Mesmeric and swaying.

  9. Mike

    Talking about jobs for the boys, check out the original directors of DVML. ……

    {See here. -Eds}

    http://www.business.govt.nz/companies/app/ui/pages/companies/2298338/directors

    Former Directors:

    Peter Wing Ho CHIN
    18 Fifield Street, Dunedin
    Appointment Date: 31 Aug 2009
    Ceased date: 15 Sep 2009

    Sydney Bernard BROWN
    12 Hagart Alexander Drive, Mosgiel 9024
    Appointment Date: 31 Aug 2009
    Ceased date: 15 Sep 2009

    John Tyson BEZETT
    234 Portobello Road, Dunedin
    Appointment Date: 31 Aug 2009
    Ceased date: 15 Sep 2009

    Richard Francis WALLS
    37 Braeview Crescent, Dunedin
    Appointment Date: 31 Aug 2009
    Ceased date: 15 Sep 2009

    Philip James HARLAND
    2 Byron Street, Maryhill, Dunedin
    Appointment Date: 31 Aug 2009
    Ceased date: 15 Sep 2009

  10. amanda

    Absolutely Calvin. Key would approve, politicians just have to step back, cut back on ‘social services’ and let the corporate geniuses do as they please. Small government is at the heart of the neoliberal dream. Pity for the rest of us, it means a small powerful group of stakeholders really run the show and can direct all those public funds into a few private hands and tell the unkempt masses to smile and wait for the money to everntually trickle down on them. We just have to ‘trust them’. Cull is fine with us all being at the mercy of those fiscal geniuses. The stadium cabal? That is their whole modus operandi.

  11. anonymous

    The list of Stakeholders suckling from the council cow is incredible. Many of them are sitting on multiple boards. Some of them acting as directors on this board and chief executive of that board. One thing for certain is it’s an absolute cesspit of the usual suspects and a prime example of the Great Jobs for Best Mates Employment Program occurring in this city.

    And if that’s not bad enough John Farry is lurking too. It’s such a low key role my guess is being a director of one company must surely provide this Stakeholder opportunities elsewhere in the cash cow.

    TAIERI GORGE RAILWAY
    http://www.business.govt.nz/companies/app/ui/pages/companies/670683/directors
    Current:
    – John Michael CHAPMAN
    – Bevan Richard Neale DODDS
    – John Edward FARRY
    – Frederick John MCCALL
    – Stanley Joseph RODGER
    – Gary Mark Thomas WILLIAMS
    Chief executive: M Bond
    No change.

  12. anonymous

    DUNEDIN CITY HOLDINGS LTD (DCHL)
    http://www.business.govt.nz/companies/app/ui/pages/companies/559098/directors
    Parent company for Aurora, City Forests, Delta Utility Services, Dunedin City Treasury and Taieri Gorge Railway.
    Current:
    – Arthur William BAYLIS
    – Graham William CROMBIE
    – James Denham SHALE
    – Kathleen Enid GRANT
    No change.

    AURORA ENERGY
    http://www.business.govt.nz/companies/app/ui/pages/companies/471661/directors
    Current:
    – Michael Owen COBURN
    – Norman Gilbert EVANS
    – Raymond Stuart POLSON (Chairman)
    – Ross Douglas LIDDELL
    – Stuart James MCLAUCHLAN
    Chief executive: Grady William CAMERON
    Out:
    – 1) TBA
    – 2) TBA
    In:
    – 1) TBA
    – 2) TBA

    CITY FORESTS LTD
    http://www.business.govt.nz/companies/app/ui/pages/companies/459292/directors
    Current:
    – Michael Owen COBURN
    – Norman Gilbert EVANS
    – Ross Douglas LIDDELL (Chairman)
    – Stuart James MCLAUCHLAN
    Chief executive: Grant Andrew Allan DODSON
    Out:
    – 1) TBA
    – 2) TBA
    In:
    – 1) TBA
    – 2) TBA

    DELTA UTILITY SERVICES LTD
    http://www.business.govt.nz/companies/app/ui/pages/companies/453486/directors
    Current
    – Michael Owen COBURN
    – Norman Gilbert EVANS
    – Raymond Stuart POLSON (Chairman)
    – Ross Douglas LIDDELL
    – Stuart James MCLAUCHLAN
    Chief executive: Grady William CAMERON
    Out:
    – 1) TBA
    – 2) TBA
    In:
    – 1) TBA
    – 2) TBA

    DUNEDIN CITY TREASURY LTD (DCTL)
    http://www.business.govt.nz/companies/app/ui/pages/companies/559097/directors
    Current
    – Grady William CAMERON
    – Bevan Richard Neale DODDS
    – Grant Andrew Allan DODSON
    – Ross Douglas LIDDELL (Chairman)
    – Athol James STEPHENS
    Chief executive: John Knight
    Out:
    – All directors
    In (directors of DCHL):
    – Arthur William BAYLIS
    – Graham William CROMBIE
    – James Denham SHALE
    – Kathleen Enid GRANT

    Eds – please feel free to update this list once the Boys have stopped playing their current game of musical chairs and gorging on slices of pie (all food, booze, entertainment and cleaning of course paid for by the ratepayer).

    {Will do. -Eds}

    • Elizabeth

      Notice the ODT (print edition) today just had to give a little ‘unsolicited’?? advertising (colour blocked too)… to “Dunedin business profits”, Dunedin manufacturer Scott Technology… with readers directed to page 16 for the full report. Arriving at the Business page there is Stooey McLauchlan in full colour, looking like a possum caught in the headlights. Link

      The old Julian Smith / Trevor Scott connection….. and much more.

      [New Zealand Companies Office]

      Scott Technology Limited (144496)
      http://www.business.govt.nz/companies/app/ui/pages/companies/144496/directors

      Graham William BATTS
      49 Royal Terrace, Dunedin Central, Dunedin 9016
      Appointment Date: 09 Mar 1992

      Christopher Charles HOPKINS
      21a Belmont Lane, Musselburgh, Dunedin 9013
      Appointment Date: 30 Aug 2001

      Stuart James MCLAUCHLAN Chairman
      3 Walsh Lane, Maori Hill, Dunedin 9010
      Appointment Date: 09 Oct 2007

      Christopher John STAYNES
      2 Crewe Street, Maryhill, Dunedin 9011
      Appointment Date: 26 Feb 2007

      Mark Brendon WALLER
      24 Woodside Common, Westmorland, Christchurch 8002
      Appointment Date: 01 Nov 2004

      Former Directors:

      Kevin James KILPATRICK
      10 Starwood Lane, Clifton Hill, Christchurch
      Appointment Date: 26 Apr 2001
      Ceased date: 31 Aug 2008

      Graeme James MARSH
      408 Highgate, Dunedin
      Appointment Date: 09 Mar 1992
      Ceased date: 06 Dec 2007

      Trevor Donald SCOTT
      2 Walsh Lane, Dunedin
      Appointment Date: 24 Apr 1997
      Ceased date: 30 May 2007

      Eion Sinclair EDGAR
      563 Peninsula Road, Queenstown
      Appointment Date: 24 Apr 1997
      Ceased date: 08 Dec 2005

      Arthur Peter WHITEHEAD
      20 Beveridge Street, Christchurch
      Appointment Date: 09 Mar 1992
      Ceased date: 31 Mar 2001

      Raymond Hackard BLACKEMAN
      Rural Route 1, Box 73a Swisher, Iowa 52338, USA
      Appointment Date: 09 Mar 1992
      Ceased date: 23 Apr 1993

      Harold George SPRIGGS
      3511 Pinehurst, Farmers Branch, Texas 75234, USA
      Appointment Date: 09 Mar 1992
      Ceased date: 23 Apr 1993

      H Arthur LINK
      701 Gregford Drive, Burr Ridge, Illinois 60521, USA
      Appointment Date: 09 Mar 1992
      Ceased date: 31 Oct 1992

  13. Hype O'Thermia

    Cull: ““Our Economic Development Strategy has identified the opportunity for the city to be involved in smart business areas like online education, health ICT and design.”
    Great. That’s a whole set of sectors for them to fsck up at our expense. If only they’d lose the Economic Degenerate Strategy muppets and put the savings toward paying off debts we’d all be better off. Let those who know how to do it get on with doing it themselves and goddamn butt out, bimbos.

  14. Anonymous

    No one would speak a sentence like that. It’s Spook Speak. That’s what you get with a multi-million dollar ratepayer-funded Communications Department. For those who can’t fathom what this council is telling you, pick up an egg and suck on it. You’ll get the message eventually.

  15. Anonymous

    Scott + (C) Swann + McLauchlan + Dunedin Casino + Keenan = http://www.gamblinglaw.co.nz/Gambling-Commission-Decisions/gc2906.aspx

    • Elizabeth

      In that Decision we see:

      “34. In about July/August 2003, Mr Woolley made further enquiries into Ms Keenan’s financial situation through a director of DCML, Mr Stuart McLauchlan. Ms Keenan worked part-time at accounting firm, T D. Scott & Co. Mr McLauchlan was Trevor Scotts [sic] cousin and knew other members of the firm.”

      [Note also – McLauchlan’s accounting firm is the registered office for Barnett Properties who sold 41 Wharf St to the developers of the proposed tower hotel.]

      “35. Mr McLauchlan’s evidence was that he explained to Mr Scott that the casino had some concern over the level of Ms Keenan’s spending and the amount of time she was spending at the casino. He suggested to Mr Scott that a check be made on whether Ms Keenan’s accounts were in order or whether she had access to money. Mr McLauchlan told the Commission that he was advised by Mr Scott that Ms Keenan had received an inheritance from her parents and a marriage settlement. Mr Scott had said to leave the matter with him, and that he would get back to Mr McLauchlan.” etc etc

      ****

      And our old favourite at DIA:

      “63. In February 2005, Mr Harris conducted a preliminary investigation into the alleged breaches for the Applicant. He interviewed Ms Keenan and a number of casino staff. A mix of signed statements and unsigned interview notes from discussions with Ms Keenan and others were attached to Mr Harris’ affidavit. Debra Despard (formerly Ferris), National Manager of the Casino Compliance Unit, reviewed the investigation and took the decision to apply for suspension under delegated authority from the Secretary.

  16. amanda

    lol. McLauchlan is doing very nicely isn’t he? He is obviously a super genius director extraordinaire. He is very keen for water assets to be sold nationally too, so will be well placed to see this agenda come to pass locally.

  17. amanda

    Is he on four or five directorships? Almost as many as Cr Hudson’s nice little deal of being the Multi-Directorship King. How much would old Stooey be paid for each of those jolly directorship jobs?

  18. amanda

    Seriously is it any wonder the city is in the financial poo? With the same old, noodle headed fiscally challenged running the show, and just swapping around as it suits them? The wonder is we are not in even more debt.

  19. Anonymous

    It may be quite revealing who the two ejected and two added are. It would be pleasing to the see the likes of Mike Coburn and Stuart McLauchlan removed from their high seats but that’s not the way self-interested parties work in Dunedin. But it’s more likely to be two directors who are less involved now or semi-retired. The decisions will have already been made of course. The secrecy will be more to do with telling the councillors who to vote for and how much to pay them.

    Just as importantly, every effort needs to be made to throw out Grady Cameron. Nothing short of the same treatment he has extended to long-serving and loyal Delta staff, and power customers in Central Otago.

    • Elizabeth

      Intel months ago (posted at What if?) – Coburn was removed from Delta board. Name stayed on the Company Register while processing.

  20. Hype O'Thermia

    Not that I’m encouraging this way of making one’s objections felt http://www.odt.co.nz/news/dunedin/230251/noise-control-officer-threatened-metal-bar but it does seem that if anyone had to get it, there are more deserving targets. At least that guy was doing something to improve the quality of life of other people in the immediate area.

  21. Calvin Oaten

    Mr McLauchlan is among others a director/shareholder of Rex Haig Fishing. Interesting that, seeing as how Rex Haig did time for murder (deserved or not). Also director of Coburn Holdings Ltd., and Delta Investments. I wonder if that is the same Delta we own? That might of course cover the Queenstown and Luggate land holdings. Then there is the $750,000 interest in ‘The Street’ IT start up which died at birth.

    Then I see Paul Hudson is now only directing ‘Work Place First Aid’ and ‘Sea Monkeys’. Seems appropriate.

  22. Hype O'Thermia

    Sea Monkeys, weren’t those the little dry novelties that Woolworths sold, that you put in water and they expanded in the jar? You could get flowers that did the same. Glad to hear he’s found his niche.

  23. Elizabeth

    LATEST:

    DCHL makes $5m loss
    Delta has written down the value of its assets – including properties at Jacks Point and Luggate – by $9 million, contributing to a multimillion-dollar loss by the Dunedin City Council’s group of companies.
    http://www.odt.co.nz/news/dunedin/230750/dchl-makes-5m-loss

    DCC Media Release:
    http://www.dunedin.govt.nz/your-council/latest-news/october-2012/dunedin-city-holdings-limitedannual-result-for-the-year-ended-30-june-2012

    More tomorrow from ODT – they better have some INDEPENDENT ANALYSIS lined up! Else people might believe Shale’s slapped on whitewash, gallons and gallons of it.

  24. Anonymous

    According to the press release the boards will have four directors until further notice so the following should apply?

    AURORA ENERGY
    Current:
    – Raymond Polson (Chairman)
    – Stuart McLauchlan (DANGER, DUNEDIN!)
    New:
    – Ian Parton
    – Dave Frow
    Out:
    – Michael Coburn
    – Norman Evans
    – Ross Liddell

    DELTA UTILITY SERVICES LTD
    Current
    – Raymond Polson (Chairman)
    – Stuart McLauchlan (DANGER, DUNEDIN!)
    New:
    – Ian Parton
    – Dave Frow
    Out:
    – Michael Coburn
    – Norman Evans
    – Ross Liddell

    CITY FORESTS LIMITED
    Current:
    – Ross Liddell (Chairman)
    – Mike Coburn
    New:
    – John Gallaher
    – Tony Allison
    Out:
    – Norman Evans
    – Stuart McLauchlan

    Out count:
    Michael Coburn x2
    Norman Evans x3
    Ross Liddell x2
    Stuart McLauchlan x1 (one too few – ALL is the only outcome)

    Dunedin City Council
    Propaganda
    New Directors for Dunedin City Holdings Company Boards
    https://dunedinstadium.wordpress.com/2012/10/26/dchl-new-directors-for-aurora-delta-city-forests/

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