Where is DVML’s report to DCC ? Go to ODT 30.1.13
### ODT Online Tue, 29 Jan 2013
Call for new stadium events fund backed
By Chris Morris
Dunedin city councillors support a new $400,000 annual fighting fund to lure more major concerts, and the millions of dollars of extra spending that comes with them, to Dunedin.
Cr Lee Vandervis questioned whether stadium events delivered additional economic benefits or largely moved money around within Dunedin. [DVML chief executive] Darren Burden disputed the latter, citing an economic impact report on Sir Elton John’s stadium concert, estimated to have contributed $14 million to the city’s economy. The exact figure could be disputed, but with half the 35,000-strong crowd for the show coming into Dunedin from elsewhere, returns for the city were ”in that sort of ballpark”, he said.
Crs Kate Wilson and Richard Thomson agreed, saying their businesses had recorded substantial increases in turnover at the time of Sir Elton’s concert, and other businesses would, too, in future.
Go to ODT 30.1.13
Cr Syd Brown hoped the ”modest” extra investment would allow the stadium, and the city, to ”punch above our weight”. Other councillors also supported the move, including deputy mayor Chris Staynes, who said even if the economic impact of shows like Sir Elton’s was only half what was claimed, it was still ”a pretty good investment”.
Posted by Elizabeth Kerr