Stadium: Ombudsman investigation confirms private funding

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### DScene 20 Mar 2013
Raw deal alleged on stadium rights (page 5)
By Wilma McCorkindale
Dunedin’s flash new stadium gets $7 million every 10 years in private funding, an Ombudsman investigation reveals. Newly released documents show the stadium receives $715,000 annually – $7,150,000 over 10 years.
D Scene has learned from an informed source that $5m of that funding comes from investment advisory firm Forsyth Barr in return for naming rights of the new $200m-plus state-of-the-art arena.
Stadium lobbyist Bev Butler said the new figures showed ratepayers got a raw deal on private funding. ‘‘In December 2007, Brian Meredith of The Marketing Bureau, commissioned by the Carisbrook Stadium Trust, addressed the council stating that the head naming rights were worth more than $10m,’’ Butler said in a statement.
‘‘This has been reported twice in the media. The mayor, councillors and public were left with the perception that Forsyth Barr had signed up for the rights for $10m. This latest revelation shows that this was not the case and that Forsyth Barr ended up paying no more than $5m for the naming rights.’’
Butler, who initiated the latest investigation, said the rest of the annual $715,000 in private funding came from other companies who had a high profile in the stadium.
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Posted by Elizabeth Kerr


Filed under Business, Construction, CST, DCC, DVML, Economics, Media, Name, Politics, Project management, Property, Site, Sport, Stadiums

4 responses to “Stadium: Ombudsman investigation confirms private funding

  1. ### NZ Herald Online 5:30 AM Thursday Mar 21, 2013
    Ombudsman to investigate OIA response
    By David Fisher
    The agency charged with reining in the power of government is to investigate the way public bodies are releasing information as citizens complain of being shut out. The Office of the Ombudsman is to begin its own investigation into the way the public service is responding to the Official Information Act as allegations are made of a “paralysis of democracy”. The office is struggling to cope with a large increase in complaints from the public who have sought help.
    Read more

  2. amanda

    “…Deputy Ombudsman Leo Donnelly has begun writing to those who have complained saying it doesn’t have enough staff to handle the work load…” Seriously? So the corrupt and negligent are able to get away with this because this office is overwelmed? Not good enough.

  3. amanda

    Or is that the point maybe? Just far too difficult and awkward to start investigating those in local government who are taking advantage of their positions? Here’s some news for Mr Donnelly, does he really think people will just meekly take his ‘oh it’s just all so difficult, we can’t possibly do it’ excuse? No. We might start wondering why the Ombudsman is so reluctant to do his (well paid) job.

  4. Hype O'Thermia

    Or why the government won’t fund his office enough to employ short-term contract staff till they clear the backlog and are in a position to assess necessary permanent staff levels.

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