Tag Archives: CST

Forsyth Barr Stadium Review

Updated post 20.11.14 at 2:31 p.m.

████ Download: Stadium Review Nov v 15 (585 KB, DOC)

This Report should be left on the table by Councillors at the Extraordinary Council Meeting on Monday 24 November, since the implications of the Review’s published content and lack of content are very serious indeed.

Stadium Review - SummaryRecommendations 24 Nov 2014

Posted by Elizabeth Kerr

79 Comments

Filed under Business, CST, DCC, DCHL, DCTL, Democracy, DVL, DVML, Economics, New Zealand, NZRU, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums

Whaleoil on “dodgy ratbag local body politicians” —just like ours at DCC

Whale Oil Beef Hooked logo### whaleoil.co.nz Fri, 31 Oct 2014 at 5:20pm
Why is there no law to rein in dodgy ratbag local body politicians?
By Cameron Slater
Former ARC Councillor Bill Burrill is not the first dodgy ratbag Councillor to trough from abuses of power to his own pecuniary advantage in recent years. A few years back in 2009 Council Watch was calling for a number of Councillors from the Canterbury Regional Council to be prosecuted and sacked from their positions after an investigation by the Auditor General Lyn Provost found that four individuals had broken the law by acting in conflict with their official role. Back then those Canterbury Councillors failed to declare a conflict on interest that [led] to a financial benefit for themselves by participating in discussion and voting on proposals before Council. Under investigation the Auditor General’s office chose not to prosecute stating that whilst the Councillors should have withdrawn as a matter of principle – they had each received and shared legal advice that they could participate. And here in lies the problem. The Auditor General and Office of the Ombudsmen publish clear guidelines for Councillors and council staff but the reality is that the law is erroneously filled with holes that are exploited and there is precious little oversight of Local Government leading to the Auditor General loathing to bother and the Courts uninterested.
Read more

Posted by Elizabeth Kerr

2 Comments

Filed under Architecture, Business, Carisbrook, Citifleet, Construction, CST, Cycle network, DCC, DCHL, DCTL, Delta, Democracy, Design, DVL, DVML, Economics, Enterprise Dunedin, Geography, Highlanders, Hot air, Media, Name, New Zealand, NZTA, ORFU, Otago Polytechnic, People, Pics, Politics, Project management, Property, Site, Sport, Stadiums, Tourism, Town planning, University of Otago, Urban design

Harland to scale

  • Jim Harland and Sukhi Turner (via ODT 2.6.04) - supplied by Calvin Oaten 9.9.14
  • [zoom text with Ctrl + and Ctrl -]

    █ Ten years ago. Whoever typed THAT ?

    Related Post and Comments:
    8.9.14 Jim Harland and the stadium MESS
    27.6.14 Stadium costs $23.4144 million per annum
    2.6.14 Stadium costs ballpark at $21.337 million pa, Butler & Oaten
    23.5.14 Stadium | DCC Draft Annual Plan 2014/15 ● Benson-Pope asserts…
    9.5.14 DCC Draft Annual Plan 2014/15 Submission by Bev Butler
    10.4.14 Stadium: Edgar’s $1m donation (private sector fundraising)

    For more, enter the terms *harland*, *farry*, *malcolm*, *athol*, *stadium*, *dcc*, *cst*, *dchl*, *dvml*, *orfu* or *rugby* in the search box at right.

    Posted by Elizabeth Kerr

    *Image: Jim Harland and Sukhi Turner (via ODT 2.6.04) – supplied by Calvin Oaten

    Leave a comment

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    Jim Harland and the stadium MESS

    Meanwhile, as Mayor Dave Cull’s council keeps up with massive spending on low priorities and unnecessaries, this comes to light:—

    Jim Harland [odt.co.nz re-imaged by whatifdunedin] 2### ODT Online Mon, 8 Sep 2014
    Stadium budget help was declined
    By Chris Morris
    The Dunedin City Council declined an offer of specialist help to keep its Forsyth Barr Stadium budget on track, years before the cost jumped by millions of dollars, it has been confirmed. The decision, revealed in an Audit New Zealand report from 2010, has been criticised by Mayor Dave Cull, who said it was “a function of the attitude of the management and the executive at the time”. Former council chief executive Jim Harland defends the decision, saying the council’s oversight was felt at the time to be “appropriate”. The offer was detailed in the Audit NZ annual report to the council, dated December 2010, which covered the 12-month period to June 30 that year.
    Read more

    The decision to build a debt-funded stadium – of which Jim Harland, Malcolm Farry, Athol Stephens, DCC stadium councillors, ORC stadium councillors, and professional rugby cronies are GUILTY – was ALWAYS the decision to bankrupt the Dunedin City Council but more especially, and insidiously, the ratepayers and residents of ‘greater’ Dunedin and Otago.¹

    The Audit NZ offer was INANE and in any case a complete waste of time.
    Audit NZ is what it is, a basket case. Of sheer incompetence and hypocrisy, nationwide.

    Time for a full independent forensic audit of the Carisbrook Stadium Charitable Trust, fondly known as CST, headed by Malcolm Farry. This will also entail an intimate look at the way Dunedin City Council treated CST invoices, the Council’s spending delegations, and its chief signatories.

    Let’s hope somebody goes to clink before the accounting games are over.
    ___________________________
    ¹Only now are Otago power users waking up to the fact of high line charges being levied by Aurora Energy Ltd to fund subvention payments to ‘the stadium’ (see recent letters to the editor in the Otago Daily Times).
    Did the killer consolidated DCC think the people of Otago wouldn’t notice?

    Related Post and Comments:
    27.6.14 Stadium costs $23.4144 million per annum
    2.6.14 Stadium costs ballpark at $21.337 million pa, Butler & Oaten
    23.5.14 Stadium | DCC Draft Annual Plan 2014/15 ● Benson-Pope asserts…
    9.5.14 DCC Draft Annual Plan 2014/15 Submission by Bev Butler
    10.4.14 Stadium: Edgar’s $1m donation (private sector fundraising)

    For more, enter the terms *harland*, *farry*, *malcolm*, *athol*, *stadium*, *dcc*, *cst*, *dchl*, *dvml*, *orfu* or *rugby* in the search box at right.

    Posted by Elizabeth Kerr

    *Image: odt.co.nz (re-imaged by whatifdunedin) – Jim Harland

    5 Comments

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    DCC tightens policy + Auditor-general’s facetious comments

    The city council’s Whistleblower policy, originally written by Athol Stephens (!!), has recently been updated.

    The proposed change came as independent financial consultant Deloitte continued its investigation into an alleged $1 million fraud within the Dunedin City Council’s Citifleet department. (ODT)

    ### ODT Online Wed, 6 Aug 2014
    Council aims to tighten policies
    By Chris Morris
    The Dunedin City Council is moving to make it easier for whistle-blowers to speak out, but still has “a fair bit of work to do” to tighten other internal policies, senior managers say. The proposed change came as the council’s audit and risk subcommittee, meeting yesterday for just the second time, considered a schedule of 12 internal council policies it was now responsible for overseeing. The policies, ranging from risk management to staff travel and fraud prevention, were designed to promote good governance while protecting the organisation and its staff.
    Read more

    ****

    Universally detested (except by a charming coterie of Wellington’s public servants, all living high off the pig’s back), Lyn Provost represents a fat salary-dollar value only. Fully complicit or was that comfortably incompetent, in not getting MULTIMILLION-DOLLAR RORTS and FRAUD stopped across the local authorities of New Zealand. She and her well-paid ‘academic’ staff ask: “Whatever is Crime?” —OHH! “New Zealand’s public sector boasted $240 billion worth of assets and managing them required continuous attention, she said.” (via ODT) …..What attention, steamed up spectacles??!!

    Lyn Provost [liberation.typepad.com] 1 BWBugger off, Lyn [Photo: liberation.typepad.com]

    ****

    ### ODT Online Wed, 6 Aug 2014
    Praise for DCC’s new internal controls
    By Chris Morris
    The Dunedin City Council’s move to tighten internal controls has been praised by the Office of the Auditor-general, even as the investigation into an alleged $1 million Citifleet fraud continues. The words of encouragement came from Auditor-general Lyn Provost as she addressed a meeting of the council’s new audit and risk subcommittee during a visit to Dunedin yesterday. But, despite the headlines and unanswered questions about why the alleged fraud was not detected, including by auditors, the word “Citifleet” was not uttered yesterday.
    Read more

    Posted by Elizabeth Kerr

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    DCHL: Aurora upgrade implicates Delta

    The upgrade would cost DCC, as Aurora’s annual dividend – passed on to the council and used to offset rates – dropped by $2 million a year, to $7.5 million, from 2015-16.

    Delta had shed almost 150 workers and closed its entire civil construction arm since mid-2012.

    ### ODT Online Sat, 2 Aug 2014
    Aurora plans $139.2m upgrade
    By Chris Morris
    Dunedin City Council-owned lines company Aurora Energy says a planned $139.2 million investment in its network will create about 20 jobs and help ensure the lights stay on as growth picks up in Central Otago. The company’s five-year spending plan would result in upgrades and replacement of key pieces of ageing infrastructure across the network, which supplied 83,000 customers in Dunedin and Central Otago. […] The work would also generate spin-off benefits for another council-owned entity, infrastructure company Delta, which already managed Aurora’s network and shared the same management and directors.
    Read more

    ****

    Ah well.

    Grady Cameron 2a### ODT Online Sat, 2 Aug 2014
    Cameron nominated
    By Chris Morris
    Aurora Energy chief executive Grady Cameron hopes to have put the challenges of the past few years behind him.
    Mr Cameron (39), also chief executive of Delta, has been named one of three finalists in the Young Executive of the Year category of the Deloitte Energy Excellence Awards. The winner will be announced in Auckland on August 13.
    Read more

    Aurora Energy topbanner1b (1)Delta hero-think_4 (2b)

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    2.6.14 QB 2014 gongs of ill-repute #Hudson COI = MNZM
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    31.3.14 Audit services to (paying) local bodies #FAIL ● AuditNZ ● OAG…
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    For more, enter the terms *aurora*, *delta*, *dchl*, *dcc*, *auditnz* or *oag* in the search box at right.

    Posted by Elizabeth Kerr

    *Images: Grady Cameron and salary by whatifdunedin; auroraenergy.co.nz – Aurora by Joshua Strang (2006); St Clair by Sean Waller (2009); thinkdelta.co.nz – graphic reworked by whatifdunedin

    3 Comments

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    Carisbrook Stadium Trust —were the trustees paid?

    Supplied. The peculiar reply.
    ODT 18.7.14 (page 16)

    ODT 18.7.14 Letter to the editor Butler p16

    █ The CST continues to be registered as a charitable trust with the Charities Commission. What is the trust’s current work all about? Are the trustees still being paid? From which funding source?

    For more information, enter *carisbrook* in the search box at right.

    Posted by Elizabeth Kerr

    23 Comments

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    Stadium: Exploiting CST model for new Mosgiel Pool #GOBs

    Men who swim [kpbs.org] 1Synchronised: Highlanders-to-be (sports star training at Mosgiel)

    Unaccepted for publication at ODT Online today. Aww.
    Hard to sell at Logan Park
    new
    Submitted by ej kerr on Wed, 16/07/2014 – 11:49am.
    What a fine accommodation for professional rugby this aquatic scheme for the Taieri truly is. Shades of the model so well utilised by the earlier trust named after Carisbrook and headed by Malcolm Farry, still operating as a boon to Dunedin city ratepayers. In the months ahead let’s see how many times the new patron leaves out the word ‘Rugby’ (capital R) or the phrase ‘private property development costs on the City’ in favour of philanthropic zeal expressed for healthy retirement living and enhanced aged care facilities (hydrotherapy for aching rugby shoulders and thighs), sunshine and splash for young families – don’t forget schools! – as the Taieri’s high class soils get carved and private forests near Brighton assist the housing build. Yeah, don’t say there’s merely a saint in goggles amongst us, Lord be praised, it’s the second Dollar coming. An epiphany.

    ODT article: Gerrard backing pool bid

    Related Posts and Comments:
    15.7.14 Stadium: Who is being protected?
    15.7.14 Rugby stadiums not filling #SkyTV
    13.7.14 Great quote: men
    12.2.14 DCC: Growth v development contributions
    10.2.14 University of Otago major sponsor for Highlanders
    4.2.14 DCC: Mosgiel Pool, closed-door parallels with stadium project…
    30.1.14 DCC broke → More PPPs to line private pockets and stuff ratepayers
    20.1.14 DCC Draft Annual Plan 2014/15 [see this comment & ff]
    16.11.13 Community board (Mosgiel-Taieri) clandestine meetings
    2.4.13 Dunedin: Developers stoop to resource consents instead of…
    25.1.12 Waipori Fund – inane thinkings from a councillor
    19.5.10 DScene – Public libraries, Hillside Workshops, stadium, pools
    12.4.10 High-performance training pool at stadium?

    Posted by Elizabeth Kerr

    *Image: kpbs.org – Men who swim

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    Stadium: Who is being protected?

    Received from Russell Garbutt
    15 July 2014 at 4:30 PM

    What is an advertisement, and what content of an advertisement needs to be able to be verified?

    Readers of the Otago Daily Times, and followers of the on-going stadium debate which shows no signs of lessening in its intensity may be intrigued to know just where the sensitivities of the ODT lie.

    Let us look at some simple facts which cannot be in dispute.

    The Carisbrook Stadium Trust which was acting as an agent of the Dunedin City Council, decided to publish a full page advertisement in the 31 May 2008 issue of the ODT. The advertisement was headed up “The Facts about the New Stadium”.

    In this advertisement it was claimed that “The funding target establishes a debt free stadium. On this basis the business plan for the stadium shows that it makes a profit. Unlike nearly all other Council owned facilities it will not need annual funding support. This assessment has been confirmed by two of New Zealand’s leading accountancy firms”.

    This is published and accessible and the wording of the advertisement cannot be interpreted in any other way as the heading refers to all that followed as “facts”.

    The advertisement also claimed that the Trustees of the CST were “committed to delivering this stadium, under budget, on time and to achieve its financial, social and economic goals”.

    Now of course some advertisements for wrinkle cream use all sorts of phrases like “clinical tests prove etc etc”. Many people are ready to pounce on claims that are unable to be substantiated, or are untruthful, or are misleading, or cannot be proven. In other words, the makers of the wrinkle cream need to be able to show that there were indeed “clinical tests”. The fact that the clinic may have been part of the company making the cream is sometimes understood, and in any case, the makers of the cream hardly ever claim that “totally independent clinical trials using double blind processes found what we are claiming is true”.

    But this is not some pot of wrinkle cream.

    The CST claimed a number of facts in their advertisement that they said were verified by two of New Zealand’s leading accountancy firms.

    So, I submitted a very brief letter to the Editor of the ODT that simply asked this:

    Dear Sir

    In light of the continuing operating losses of the Awatea Street Rugby Stadium, and the on-going debt costs from its construction, it would be interesting to be informed of just who the two leading NZ accountancy firms were that confirmed the Carisbrook Stadium Trust’s claims published in the ODT in 2008 that the stadium would be built debt free and would return an annual operating profit. Maybe these two companies could now tell us how the reality differs so much from the published claims.

    Yours sincerely

    The ODT has informed me that my letter was noted but not selected for publication. This is newspaper speak for it’s been binned.

    Why should this be?

    Should the ODT not be interested in ensuring that an advertisement of a major size on a subject that had divided the City was not at all misleading in the same way that claims were made that may not be able to be substantiated, or could be shown to be unfactual?

    Is the ODT particularly sensitive to the views of those that decided to publish this advertisement?

    Had the ODT entered into any understanding or arrangement that the paper would support the stadium project which may have led to less than stringent standards of advertising being followed in this case?

    But perhaps more telling is that to my knowledge, the ODT has not followed up on the obvious story of just who these two leading NZ accounting firms were that supported the claims of a debt free stadium and an annual operating profit. My point is that time and distance show us that these claims were so at odds with the claims made and published, that serious questions remain unanswered on just how the CST and these two companies got it so wrong.

    Maybe another newspaper sees the story that the ODT doesn’t?

    [ends]

    CST advert ODT 31.5.08 detail

    odt may 31 2008-1 (pdf cleaned)

    █ Legible copy: CST Advertisement, ODT 31 May 2008 (PDF, 200 KB)

    Related Posts and Comments:
    9.7.14 John Ward, no mention of stadium or CST trusteeship
    23.5.14 Stadium | DCC Draft Annual Plan 2014/15 ● Benson-Pope…
    9.5.14 DCC Draft Annual Plan 2014/15 Submission by Bev Butler
    12.3.14 Carisbrook Stadium Trust: Financial statements year ended 30.6.13
    8.3.14 Carisbrook Stadium Trust subject to LGOIMA
    24.2.14 Carisbrook Stadium Trust: ‘Facts about the new Stadium’ (31.5.08)
    22.2.14 Carisbrook Stadium Trust costs
    24.1.14 Stadium: It came to pass… [stadium review]

    Posted by Elizabeth Kerr

    29 Comments

    Filed under Business, Construction, CST, Democracy, Economics, Hot air, Media, Name, New Zealand, NZRU, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, Town planning, University of Otago, Urban design

    John Ward, no mention of stadium or CST trusteeship

    Otago Magazine June 2014 p23 (1)The University of Otago chose to profile its chancellor, Invercargill’s John Ward, in the June 2014 issue of Otago Magazine (pages 22-24). Note Mr Ward omits to mention the Stadium, or his trusteeship on the Carisbrook Stadium (Charitable) Trust. Isn’t that funny. Well, he looks a bit pursed in the photograph anyway.

    Otago Magazine June 2014 pp 22, 24

    Source: http://www.otago.ac.nz/otagomagazine/otago072837.pdf
    Thumbnail: Photo by Alan Dove

    Related Posts and Comments:
    20.5.14 Tim Hunter on Ward, McLauchlan, Hayne #Highlanders
    10.2.14 University of Otago major sponsor for Highlanders
    31.5.13 University of Otago development plans

    Posted by Elizabeth Kerr

    1 Comment

    Filed under Business, Construction, CST, Fun, Hot air, Media, Name, New Zealand, ORFU, People, Pics, Politics, Project management, Property, Site, Sport, Stadiums, University of Otago, What stadium

    Stadium: NZRU in the sights

    NZRU takes a very high percentage of the returns from professional rugby matches at Fubar and other regional stadiums around New Zealand. NZRU’s Steve Tew doesn’t want you to dwell on that, he’s making money.

    Dunedin’s Mayor Cull and City Councillors need to wake up.

    ODT 28.6.14 Letter to editor (page 34)

    ODT 28.6.14 Letter to editor Garbutt (page 34)

    Posted by Elizabeth Kerr

    10 Comments

    Filed under Business, Carisbrook, Construction, CST, DCC, DCHL, Democracy, DVL, DVML, Economics, Events, Highlanders, Media, Name, New Zealand, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums

    Stadium costs $23.4144 million per annum

    Received from Bev Butler
    Thu, 26 Jun 2014 21:43:05 +1200

    Cover note:
    According to the latest DVL/DVML six monthly reports the debt is growing not reducing – that is a concern. The $146.6 million debt was passed over to DVL, many millions were poured into servicing the interest and capital repayments for this debt but even with that happening the combined short term/long term debt of DVML/DVL now stands at $157.6 million – $11 million more! The long term debt of $146.6 million has been reduced to $138.8 million but short term debt stands at $18.8 million. It is a major concern that the combined debt is growing not reducing – and this is during the stadium’s honeymoon period.

    ———

    From: Bev Butler
    To: Sue Bidrose; Sandy Graham; Kate Wilson; Richard Thomsom; Chris Staynes; John Bezett; Lee Vandervis; Hilary Calvert; Doug Hall; Andrew Whiley; Mike Lord; David Benson-Pope; Neville Peat; Andrew Noone; Jinty MacTavish; Dave Cull; Aaron Hawkins
    CC: Calvin Oaten; Grant McKenzie
    Subject: Stadium $23.4144 million per annum
    Date: Thu, 26 Jun 2014 21:43:05 +1200

    Dear Mayor Cull and Councillors

    As a result of further discussions and more information obtained through further searching Council documents Calvin Oaten and I have updated the annual stadium costs which now stand at $23.4144 million. (See attached word document). No changes have been made to the spreadsheet I sent earlier which I prepared.
    There are some costs which have not been included due to the difficulty in quantifying them to the accuracy of which I would be comfortable.

    This $23.4144 million figure does not include any payments which may have not been fully transparent through the Council books.
    By this I mean that I understand there were approaches by Darren Burden, former CEO of DVML, to obtain payments for bills which DVML were unable to pay but which another Council Department had shown some willingness to transfer their surplus unspent funds from that Department to DVML. In that particular case, I understand the transfer did not happen. However, I have no access to information as to whether this had occurred on previous occasions through other departments.

    █ Also attached are Terry Wilson’s calculations coming from a different angle but which come to $23.1 million per annum. (See attached spreadsheet prepared by Terry Wilson).

    Yours sincerely
    Bev Butler

    Downloads:
    FB Stadium=Annual Ratepayer Costs=V2 (PDF, 9.47 KB)
    Stadium Costs $23.4144 million per annum (DOC, 30.5 KB)

    Related Posts and Comments:
    2.6.14 Stadium costs ballpark at $21.337 million pa, Butler & Oaten
    23.5.14 Stadium | DCC DAP 2014/15 ● Benson-Pope asserts himself
    9.5.14 DCC Draft Annual Plan 2014/15 Submission by Bev Butler

    Posted by Elizabeth Kerr

    15 Comments

    Filed under Business, Carisbrook, DCC, DCHL, Democracy, DVL, DVML, Economics, Name, New Zealand, People, Politics, Project management, Property, Site, Sport, Stadiums

    Stadium costs ballpark at $21.337 million pa, Butler & Oaten

    Received from Bev Butler
    Monday, 2 June 2014 4:10 p.m.

    Message: During the presentation of my submission on the draft annual plan I was asked by Council to produce the figures to back up my claim that the stadium was costing approximately $20 million per annum. David Benson-Pope made a general statement questioning whether the claims in my submission were correct – though he didn’t elaborate when I asked him. I have followed up the Council’s request and the final figure is $21.337 million.

    Please note there is a huge disparity between what the DCC has published in the Draft Annual Plan 2014/15 and what can be shown by the DCC’s own figures that are very difficult to find and interpret. The ratepayers should not continue to be kept in the dark – the real costs are more than double what is being published.

    This has now been sent to the Mayor and Councillors.

    Regards
    Bev

    ————————————

    From: Bev Butler
    To: Sue Bidrose; Sandy Graham; Kate Wilson; Richard Thomson; Chris Staynes; John Bezett; Lee Vandervis; Hilary Calvert; Doug Hall; Andrew Whiley; Mike Lord; David Benson-Pope; Neville Peat; Andrew Noone; Jinty MacTavish; Dave Cull; Aaron Hawkins
    Cc: Calvin Oaten
    Subject: Stadium Cost $21.337 million per annum
    Date: Fri, 30 May 2014 22:49:43 +1200

    Friday 30 May 2014

    Dear Mayor Cull and Councillors

    Attached is a Word document prepared by Calvin Oaten outlining the annual stadium costs. The final figure of $21.337 million is based on figures sourced from and cross-referenced with DCC/DVML/DVL/DCHL documents.
    Also attached is a spreadsheet, containing four spreadsheets, prepared by Bev Butler, showing the treatment of the $146.6 million portion of the stadium debt.

    Yours sincerely
    Bev Butler

    Explanatory Note for Calvin Oaten’s Word document:
    I have expressly not mentioned nor quantified costs of what I would term ‘collateral’ effects of the Stadium Project. These of course are very real additional financial burdens to the citizens. These are: the realignment of SH88, the forgiving of considerable debt owed the city by the Otago Rugby Football Union, the costs of the purchase and sale of Carisbrook including the holding of same in the interim period. And of course, the ongoing operational losses of DVML’s operations. These particularly are proving to be a continual drag on the financial conscience of the ratepayer. It seems that if council cannot, or will not bite the bullet and raise the “pay to use” level to at least a break even figure then professional rugby is destined to have the last laugh at our expense. It is simply not fair.
    I remain, without prejudice
    Calvin Oaten

    Explanatory Notes for Bev Butler’s spreadsheets:
    1. Sheets 1 & 2 titled “$117.541m” and “$29.059m” respectively outline the calculations for the two tranches of stadium debt outlined in the DVL six-monthly report, dated 31 December 2013. This report states that the $146.6m stadium debt has been divided into two tranches of $117.541m and $29.059m. The $117.541m is for a term of 17 years and the $29.059m is for a term of ten years with a weighted average of 6.05%pa. In the calculations I have assumed monthly compounding periods and assumed the first payment(s) were made between 30 June 2013 and 31 December 2013. If the compounding period is shorter then there would be a small reduction in the payments.
    Note that in the DVL six-monthly report it states that a mortgage has been issued to pay for the two tranches. This is the first time this has been mentioned in the DVL reports so it is assumed that the mortgage was issued sometime between the last DVL Annual Report (YE 30 June 2013) and the DVL six-monthly report (31 December 2013). There is also mention of a GSA having been signed. I assume this is a General Security Agreement to secure the payment of the debt in the event of the stadium folding or the rental payments not being met. I acknowledge that I am unsure about this as I have no further information. Perhaps the Council staff could clarify this aspect.

    2. Sheets 3 & 4 titled “$146.6m monthly” and “$146.6m weekly” respectively outline the calculations for the stadium debt had [regular repayments been made] from the time the stadium opened. It appears from the calculations and the DVL Annual Reports that this was not happening. If it was then the debt would have reduced to approximately $134 million. The DVL long term debt as of 31 December 2013 stands at $141.090m. So up until the mortgage was secured, it appears the debt repayments were for interest only on the bonds (and an average annual capital injection of $2m) which were issued to pay for the stadium land and other stadium debt.

    [ends]

    Downloads:
    Stadium Costs $21.337 million per annum (DOC, 30.2 KB)
    Stadium debt calculations FINAL (XLS, 59.3 KB)

    Related Posts and Comments:
    9.5.14 DCC Draft Annual Plan 2014/15 Submission by Bev Butler
    23.5.14 Stadium | DCC DAP 2014/15 ● Benson-Pope asserts himself

    Posted by Elizabeth Kerr

    56 Comments

    Filed under Business, Carisbrook, DCC, DCHL, Democracy, DVL, DVML, Economics, Name, New Zealand, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums

    DCC Draft Annual Plan 2014/15 Submission by Bev Butler

    Received Friday, 9 May 2014 at 12:00 p.m.

    Submission to DCC Annual Plan 2014/15 by Bev Butler

    Thank you for the opportunity to speak to my submission.

    I would like to express my support for the stadium review announced a few months ago.

    Stadium Review

    Due to concerns expressed by various members of the community, and my own growing concerns about the stadium issue, I decided to enquire into spending by DVML, through LGOIMA. It soon became clear that inappropriate spending had been occurring for some time within DVML eg hotel bills for up to $US350 per night etc. Purchase of boys t-shirts, gloves, hat, chewing gum and shaving gear. These are not business expenses. It is clear from some of the expenditure claimed that there is an ingrained sense of entitlement, which is unacceptable.

    I understood that Council staff have been committed to curbing their budgets because of the debt problem and were unhappy to see the unbridled spending occurring within DVML. It wasn’t without its difficulties to obtain this information – DVML didn’t release it willingly. DVML treated the request as an imposition rather than an obligation. I was however – persuasive. Without the mechanism of LGOIMA requests some of this information may not have seen the light of day and hence steps made to address this wastage. It was reported in the ODT recently that DVML are now looking into charging for the future release of information. I believe this is a retrograde step: the purpose of acquiring official information is an important check on how public officers use public money or carry out their duties. Without it, unbridled corruption could occur.

    Unfortunately for the Carisbrook Stadium Trust, they also operated inappropriately never dreaming that a group of citizens including myself would request information officially to expose their inappropriate spending. In fact, the former CEO, Jim Harland, informed me in 2008 that the CST was not subject to LGOIMA. What Mr Harland failed to tell me was that he had sought two legal opinions which both confirmed that CST was subject to LGOIMA through the DCC under section 2(6). To this day, Mr Malcolm Farry still shows considerable resistance to this and I have had to make several complaints to the Office of the Ombudsman. Mr Farry could have been prosecuted under the Ombudsman Act for his obstructiveness in releasing certain information should the Ombudsman have chosen to do so.

    Why has this group of citizens continued to obtain information about the construction of the stadium? After all, it is now built and why don’t people just move on, as some say. I shall now explain why many people have not let go as would normally be expected.

    Some may recall after the Christchurch earthquake there was a news item on TV1’s Close Up program. Shock and horror was expressed over invoices being sent to Christchurch residents for repair of their chimneys damaged in the quake. These invoices were for $2,000 and criticism was expressed at so little detail on these invoices. They just stated labour and materials $2,000. This was considered completely inappropriate invoicing and at the time there were questions of possible fraud.

    Well, those quake invoices pale into petty significance compared with the CST invoicing. The CST presented millions of dollars worth of invoices to the DCC with merely two words on them: “Trust costs”. And, furthermore, this is after the Auditor General stated in his September 2007 report that no payments would be made to the CST without detailed invoices.

    The former DCC Chief Financial Officer also sent me a letter in October 2007 stating that no CST invoices would be paid without third party invoices to support them. It was recently stated in an official information request that these third party invoices do not exist. In response, Mr Farry has now produced some paperwork, which the DCC is processing. This should have been done at the time and not retrospectively. When discussing this with a lawyer I said that the CST invoice process left the door wide open for fraud. The lawyer’s response was: “Not an open door, Bev, but a bloody great cavity!”

    I emphasise that I am not saying that fraud occurred, what I am saying is the process was so flawed that no-one would know whether fraud had occurred or not. There is no statute of limitations on private or public fraud. According to the CST financial statements presented to the Charities Commission more than $71 million of public money went through this Trust. Every single dollar must be accounted for. Personally, I think it appalling that the process was so sloppy given that all the CST trustees are so-called top business people including two accountants. At best it shows the sheer arrogance of those trustees. I have also found other unexplained discrepancies in some of their financial reporting which I will deal with in another forum.

    Another reason why a group of citizens are still investigating the stadium is because we believe criminal activity may have occurred.
    So the issue is not whether you are pro or anti stadium but whether you are pro or anti corruption.

    Outcomes from the stadium review

    What I hope eventually comes out as a result of the stadium review includes:

    1. A cost/benefit analysis of all the possible scenarios for the stadium including:
    (a) Retaining the stadium under DVL ownership and DVML management
    (b) Bringing the stadium “in house” under direct DCC ownership and management
    (c) Privatising the stadium
    (d) Mothballing the stadium until the private funding is raised as was promised by the CST prior to the stadium construction.

    2. A cost/benefit analysis of the natural turf vs artificial turf .

    3. An honest, full analysis of the entire stadium costs – by this I mean a report showing ALL annual costs of the stadium including DVML costs, DVL costs, DCHL costs (including from all the companies directly and indirectly). Ratepayers deserve an honest assessment – it won’t make ratepayers feel any better but at least we will know the full extent of the cost of the stadium. Many people think that the stadium costs Council just a million or two per year when in actual fact it is costing Council approximately $20 million per year overall, directly or indirectly. Ratepayers have a right to know. It is also very difficult to expect Council to make decisions when they are not presented with the full extent of stadium costs.

    4. A formal request from the Council for the CST to front up with the three $1 million donations for construction which Mr Farry very excitedly announced in 2007. None of these donations have materialised nor has Sir Eion Edgar’s $1 million donation he announced in DScene in August 2009. A request for interest on late payment at market rates would also be appreciated.

    5. A request for an increase in payment for naming rights from Forsyth Barr to keep it in line with what was initially promoted to Council by the CST’s agent The Marketing Bureau. Council was told naming rights were worth over $10 million but Forsyth Barr is only paying $5 million. Eion Edgar is trying to double count his $1 million ‘donation’ as being part of the $5 million naming rights. Naming rights are a corporate contract not a ‘donation’. As a trustee of a number of Charitable Trusts Sir Eion Edgar knows this. He can’t have it both ways.

    6. A review of the Stadium Hire Agreement with the ORFU. David Davies, a former CEO of DVML, said ratepayers would be very angry if they knew what was in it – obviously this agreement is not advantageous to the ratepayer. So much so the ORFU are in a position where they only need to sell 200 tickets to break even.

    7. No DVML staff should be working for the ORFU – ORFU is a private business and it is not up to the ratepayer to be subsidising the Union through providing staff support.

    8. An assessment of the estimated substantial maintenance costs which are looming as reported in the DVML/DVL annual reports. Part of the projected $188 million (‘not one dollar more’) construction cost was a $6.4 million maintenance fund, which never eventuated, like the $45 million ($55 million including interest) in private funding for the construction lie.

    Finally, the inappropriate spending, which occurred in the CST and continued through DVML when CST staff transferred to DVML, needs to be addressed. The community were provided with misleading information throughout the stadium construction but thankfully there is a democratic process in place which allows these matters to be exposed, to prevent this from happening in the future and bring those responsible to account.

    [ends]

    Posted by Elizabeth Kerr

    24 Comments

    Filed under Business, Construction, CST, DCC, Democracy, DVL, DVML, Economics, Name, ORFU, People, Politics, Project management, Property, Sport, Stadiums

    Finance Department (payments area)

    Both items supplied.

    ClarkeAndDawe 7 May 2014

    Clarke and Dawe – Some steadying words on the current situation
    “Robin Peter, Payments Officer with the Australian government.” Originally aired on ABC TV: 08/05/2014

    [Quote: ‘Remind you of anything? DVML, DVL… Liu & Woodlouse… Very timely!’]

    ****

    A Simple Idea for PSF (Farry’s Folly)

    ODT 8.5.14 DCC DAP In Brief (page 13)ODT 8.5.14 In Brief (DCC DAP) – page 13

    Posted by Elizabeth Kerr

    1 Comment

    Filed under Business, Concerts, Construction, DCC, Democracy, DVL, DVML, Economics, Events, Fun, Highlanders, Media, Name, New Zealand, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, What stadium

    Stadium: Jeff Dickie on costs

    Received from Jeff Dickie
    Wednesday, 7 May 2014 11:15 a.m.

    Subject: my rejected odt response

    DCC’s CEO Sue Bidrose’s response to my stadium costs queries (ODT 15.3.14) are very disturbing. However, I have some sympathy for her as I know from personal experience, former CEO Paul Orders had huge difficulty finding such figures, due to a DCC culture of obfuscation. He did however identify $42M that the audit missed. How much did the audit cost? Why was such a huge amount missed?

    Even if we accept Bidrose’s figures of $146M stadium debt, and $9.15M annual cost, which I don’t, the figures don’t add up. Just the interest on $146M, at say 6%, is $8.76M pa. For capital repayment over the 18.5 years the annual figure will be about the same again. Say together $17M pa. Add to this the stadium rates rebate now subsidised by general ratepayers to over $1M pa. That’s $18M. Add to this several more million dollars pa for propping up DVML and you are well over $20M pa!

    Remember there was no $45M Private Funding or $10M from Otago University as promised. Apart from the three contributors below, everything is debt funded.

    The DCC’s own stadium cost figure is $266M. Deduct $37.5M from ORC, less $7M Otago Community Trust, less $15M from the Government. I make that $206.5M, not Bidrose’s $146M. Funding $206.5M at 6% costs $12.39M pa just for interest, without any capital repayment. Say $25M pa for interest and capital. Add to this the huge annual DVML cost and the scale of the deception becomes apparent.

    In summary, my figures point to well over double the official annual cost and around $60M more in stadium debt. In my opinion, neither the mayor, the CEO, or anyone else in the DCC has a clue what the real figures are. Now that’s worrying!

    Jeff Dickie
    Woodhaugh

    [ends]

    ODT 15.3.14 Letter to the editor (page 34)ODT 15.3.14 (page 34) from previous post [click to enlarge]

    Posted by Elizabeth Kerr

    4 Comments

    Filed under Architecture, Business, Construction, CST, DCC, DCHL, DCTL, Delta, Democracy, DVL, DVML, Economics, Highlanders, Media, Name, ORC, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, Town planning, University of Otago, Urban design, What stadium

    Aussie wine – NO parallels at DCC/DCHL/DVML/DVL/Delta/ORFU

    Comment received from Peter
    Submitted on 2014/04/17 at 11:42 am

    […] NSW Premier, Barry O’Farrell, has resigned because he had a ‘massive memory lapse’ about receiving a $3000 bottle of wine after the Liberal’s win in the last NSW election.
    They have what they call an ‘Independent Commission against Corruption’ (ICAC) over there. They were able to unearth a ‘thank you’ note Farrell wrote at the time. Another former Liberal Premier was also caught out in 2002. (Sounds like we need a similar body here in NZ)
    I note this because it again points to a glaring lack of accountability here… and the $3000 bottle of wine pales into almost insignificance compared to the multiple million dollar rortings going on here at the local government level.
    The attitude continues to be ‘Oh well, lessons to be learnt. Let’s move on.’ We continue along this line at our peril. Corruption will grow and become even more insidious than is already apparent if citizens don’t rise up and demand accountability.

    [ends]

    ****

    Link via Hype O’Thermia
    Thursday, 17 April 2014 6:12 p.m.

    ClarkeAndDawe 16 Apr 2014

    Clarke and Dawe – Government in NSW. A model of its kind
    “Ike A’Kearing, a contestant of Huguenot descent” Originally aired on ABC TV: 17/04/2014

    Posted by Elizabeth Kerr

    3 Comments

    Filed under Business, Construction, CST, DCC, DCHL, DCTL, Delta, Democracy, DVL, DVML, Economics, Highlanders, Hot air, Media, Name, ORFU, People, Pics, Politics, Project management, Property, Queenstown Lakes, Site, Sport, Stadiums, What stadium

    Stadium: Edgar’s $1m donation (private sector fundraising)

    Received from Bev Butler
    Thursday, 10 April 2014 11:31 a.m.

    From: Bev Butler
    To: Eion Edgar [Forsyth Barr]
    CC: Carlotte Henle [Kensington Swan]; Ian Telfer [Radio NZ]; Wilma McCorkindale [Fairfax News]; Debbie Jamieson [Southland Times]
    Subject: Has Sir Eion Edgar paid his $1 million donation?
    Date: Thu, 10 Apr 2014 11:30:19 +1200

    Dear Sir Eion

    You will recall the reports in The Mirror (10/7/13 – copied below) where you promised to honour your $1 million pledge initially reported in DScene (13/5/09).
    As there had been no public reports of you having paid up I decided a few months ago to make an official request under LGOIMA to see if this money had been received. After repeated requests for the Dunedin City Council to respond to my request I have received no response. I thought before making a complaint to the Office of the Ombudsman I would ask you directly if you have paid up. It is in the public interest that this pledge is honoured as it formed part of the push for the decision for the stadium to go ahead. You may also recall the report on the front page of the ODT (March 2007) where Mr Malcolm Farry announced “very excitedly” that he had a one million dollar donation for stadium construction with another two “in the wings”. This was also reported in the National Business Review.

    I have prepared a sequence of events to help clarify the situation:

    1. Mr Malcolm Farry announces three $1m donations for stadium construction in March 2007.
    2. The Marketing Bureau, commissioned by Carisbrook Stadium Trust, tells Dunedin City Council in Dec 2007 that naming rights are worth over $10m.
    3. ODT reports Sir Eion Edgar becomes trustee of CST in August 2008.
    4. Edgar and Farry announce Forsyth Barr have signed a Heads of Agreement in Jan 2009 and it is reported in NBR that a “substantial cheque” has been signed.
    5. Council documents of cashflow projections, peer reviewed by PwC in Feb 2009, show that the naming rights payments have changed from full payment up front to two years in advance – “front-end loading” is the term for this.
    6. Edgar announces in DScene in May 2009 he is making a $1m donation to the stadium.
    7. Nine changes, as revealed in LGOIMA response from DVML, are made to the Forsyth Barr naming rights agreement then the contract is signed on 2 August 2011…the day after stadium opens. One of the final changes is from yearly in arrears to monthly in arrears.
    8. Forsyth Barr makes their first payment on 1 September 2011. They are paying monthly in arrears.
    9. Edgar, through Forsyth Barr lawyer in Oct 2012, denies having stated that Forsyth Barr had written a “substantial cheque”. The NBR journalist distinctly remembers the “substantial cheque” comment being made. However, no correction sought from NBR at the time.
    10. The naming rights contract is no more than $5m as revealed in 2013 through LGOIMA request to DVML.
    11. Edgar claims his $1m donation is part of the naming rights corporate contract in The Mirror in July 2013. The $1m donation still unpaid. None of the other three $1m donations for construction have been paid.
    12. Michael Sidey is paying $1 million as part of the Forsyth Barr naming rights. I think what is happening is “double-counting”. Announcing million dollar donations for construction then two of these donations form part of the corporate contract for naming rights. Either [the] two $1 million payments are donations and the naming rights is only $3m, or the naming rights is $5m and the two [$1 million] donations don’t exist. You can’t have it both ways. This “double-counting” trick is what happened in the STS High Court injunction case where they claimed the $15m grant from Central Government was to offset the private funding shortfall AND was also used to offset the increase in land costs. This “double-counting” trick was established in the Court of Appeal.

    So, Sir Eion, have you paid the $1 million donation initially pledged for construction of the stadium? If you have paid $1 million as part of the Forsyth Barr naming rights then good on you. That’s between you and the corporate contract signed by Forsyth Barr. I’m sure Forsyth Barr are happy about that. What is of interest to the public is have you paid the $1 million donation pledged in DScene?

    As Chairman/Trustee of a number of Charitable Trusts you will be aware of the definition of a donation as recorded on the Charities Commission website. It bears no similarity to a corporate contract. I have copied Charlotte Henley, Forsyth Barr’s lawyer, into this email so she can confirm this definition, in case you still have any doubts.

    I hereby reserve all my rights.

    Yours sincerely
    Bev Butler

    Copied to other interest[ed] media and parties.

    Queenstown Mirror 10.7.13 page 1 (detail)
    Queenstown Mirror 10.7.13 page 2 (detail)

    dscene-13-5-09-page-9-eion-edgar-c3### DScene 13 May 2009
    The Insider: Big questions answered
    Mr Generous isn’t slowing down

    Winter Games NZ chairman Eion Edgar | Interviewed by Ryan Keen
    COMMUNITY-MINDED Queenstown-based businessman Eion Edgar, who retired as New Zealand Olympic Committee president last week and left a $1 million donation, on his support for knighthoods, backing Blis and why he’s not slowing down.
    #bookmark page 9 | DScene 13.5.09 page 9 (merge)

    [ends]

    Related Posts and Comments:
    30.7.13 Stadium: Accountability, paper trail leads unavoidably to NEWS
    18.7.13 ODT won’t touch Fairfax story
    10.7.13 Stadium: Edgar will honour $1M personal pledge to project
    3.7.13 [Pulled!] Call for Dunedin stadium cash
    24.12.12 A Christmas Tale
    7.6.12 Stadium: Forsyth Barr naming rights
    6.7.09 Eion Edgar on ‘stadium haters’

    Posted by Elizabeth Kerr

    27 Comments

    Filed under Business, Construction, CST, DCC, DVL, DVML, Economics, Media, Name, New Zealand, People, Pics, Politics, Project management, Property, Queenstown Lakes, Site, Sport, Stadiums

    ODT Public Notice 31.3.14 (page 26)

    ODT Public Notice 31.3.14 (page 26)

    Posted by Elizabeth Kerr

    1 Comment

    Filed under Business, CST, DCC, Delta, Democracy, DVL, DVML, Economics, Inspiration, Name, New Zealand, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, STS

    Delta: Report from Office of the Auditor-General

    Inquiry into property investments by Delta Utility Services Limited at Luggate and Jacks Point.

    The report on the OAG probe was tabled at Parliament at 2pm today.

    AUDITOR-GENERAL’S OVERVIEW and FULL REPORT available at http://www.oag.govt.nz/reports/2014/delta

    “My staff found no evidence of impropriety or of poorly managed conflicts of interest in relation to either investment [Luggate and Jacks Point]. However, they did identify some breaches of the Local Government Act 2002 and the Companies Act 1993 and instances of Delta using artificial business structures to avoid public accountability.” –Lyn Provost, Controller and Auditor-General

    █ Inquiry into decisions by Delta Utility Services Limited to invest in residential development at Luggate, near Wanaka, and at Jacks Point, Queenstown. 14 November 2012. Link

    What was the probe about?
    The OAG probe was to cover all aspects of the council-owned company’s decision to spend $14.12 million on property at Jacks Point, in Queenstown, and Luggate, near Wanaka, in 2008 and 2009. That included how and why the purchases were made, consideration of risks, compliance with legislation, and the identification and management of any conflicts of interest, the OAG said at the time. The OAG would also consider to what extent the Dunedin City Council – as the shareholder of Delta’s parent company, Dunedin City Holdings Ltd – was involved, and any other matters considered ”desirable” to report on. (ODT article 14.3.14)

    ████ Updated 21.3.14 – essential listening ████

    ### radionz.co.nz Friday 21 March 2014
    Morning Report with Geoff Robinson & Simon Mercep
    Delta complainants not satisfied with critical report
    Reporting by Ian Telfer
    08:41 People who made complaints about failed property deals from a Dunedin council subsidiary say it is unacceptable no-one is being held to account.
    Audio | Downloads: Ogg   MP3 ( 3′ 38″ )

    Related Post and Comments:
    14.3.14 Delta: Mayor ignores Cr Vandervis’ official complaint

    Posted by Elizabeth Kerr

    39 Comments

    Filed under Business, Construction, CST, DCC, DCHL, DCTL, Delta, DVL, DVML, Economics, Geography, Highlanders, Media, Name, New Zealand, ORFU, People, Politics, Project management, Property, Queenstown Lakes, Site, Sport, Stadiums, Town planning, Urban design

    Jeff Dickie: Stadium rates burden

    Copy received [click to enlarge]

    ODT 15.3.14 Letter to the editor (page 34)ODT 15.3.14 Letter to the editor (page 34)

    Posted by Elizabeth Kerr

    Leave a comment

    Filed under Business, Construction, DCC, DCHL, DCTL, DVL, DVML, Economics, Highlanders, Name, New Zealand, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, Town planning, University of Otago, Urban design

    Delta: Mayor ignores Cr Vandervis’ official complaint

    ### ODT Online Fri, 14 Mar 2014
    Land purchases report imminent
    By Chris Morris
    The findings of a major investigation into Delta’s multimillion-dollar land acquisitions at Jacks Point and Luggate are expected to be released next week.
    However, exactly what the Office of the Auditor-general has found after more than a year investigating the purchases remained a closely-guarded secret yesterday. The report was due to be officially published by Parliament’s speaker – who would table the report at 2pm on Thursday – and it would appear on the Auditor-general’s website minutes later, OAG staff confirmed.
    Read more

    The OAG probe was to cover all aspects of the council-owned company’s decision to spend $14.12 million on property at Jacks Point, in Queenstown, and Luggate, near Wanaka, in 2008 and 2009. That included how and why the purchases were made, consideration of risks, compliance with legislation, and the identification and management of any conflicts of interest, the OAG said at the time. The OAG would also consider to what extent the Dunedin City Council – as the shareholder of Delta’s parent company, Dunedin City Holdings Ltd – was involved, and any other matters considered ”desirable” to report on. (via ODT)

    Delta Utility Services Ltd: Directors past and present (go to Show History)
    Delta Investments Ltd: Directors past and present (go to Show History)

    Related Posts and Comments:
    25.1.14 Stadium: Some helped it along, or themselves!
    15.7.13 Delta, Carisbrook, Fubar Stadium —Councillors “weak”, or worse
    12.7.13 Delta Utility Services Ltd, missing column…
    9.7.13 Delta Utility Services Ltd, full investigation needed
    18.12.12 Delta hasn’t fixed Union St West after EIGHT WHOLE MONTHS
    █ 12.11.12 Delta purchases | Vandervis OAG complaint accepted
    26.10.12 DCHL: New directors for Aurora, Delta, City Forests
    11.9.12 Delta Utility Services Ltd
    30.8.12 DCC seen by Fairfax Business Bureau deputy editor Tim Hunter
    20.12.11 Delta and the GOBs #DCHL #DCC
    18.11.11 Delta rebrand
    26.8.09 DScene: Delta, STS, DCC larks
    9.7.09 Delta dawn what’s that flower…

    █ ODT 20.6.13 Lee Vandervis (opinion): Council firms must get back to basics
    █ ODT 30.10.12 Mayor sees red over Vandervis questions

    █ Fairfax | DScene publishes Cr Vandervis’ questions (page 3):
    [click to enlarge]

    For more, enter *dchl* in the search box at right.

    Posted by Elizabeth Kerr

    5 Comments

    Filed under Business, Construction, CST, DCC, DCHL, DCTL, Delta, DVL, DVML, Economics, Geography, Highlanders, Media, Name, New Zealand, ORFU, People, Politics, Project management, Property, Queenstown Lakes, Site, Sport, Stadiums, Town planning, Urban design

    Carisbrook Stadium Trust: Financial statements for the year ended 30.6.13

    Received via Bev Butler
    Wednesday, 12 March 2014 1:48 p.m.

    The CST’s latest financial accounts – link to full financial statements and a copy of the summary below [click to enlarge].

    CSCT Summary

    Source:
    [enter in your browser] *Carisbrook Stadium CT 30.6.13 signed Accounts.pdf*

    Download: Carisbrook Stadium CT 30.6.13 signed Accounts (PDF, 255 KB)

    For more, enter the terms *cst*, *csct*, *carisbrook*, *charitable*, *trust*, or *farry* in the search box at right.

    Posted by Elizabeth Kerr

    19 Comments

    Filed under Business, Construction, CST, DCC, Economics, Hot air, Name, New Zealand, People, Politics, Project management, Property, Site, Sport, Stadiums, What stadium

    Carisbrook Stadium Trust subject to LGOIMA

    Received from Bev Butler
    Thursday, 6 March 2014 5:27 p.m.

    MESSAGE TO MEDIA WATCHING THIS BLOGSITE

    Malcolm Farry has been misinforming media about the CST being subject to the Local Government Official Information and Meetings Act (LGOIMA).
    Farry is incorrect when he states that the Carisbrook Stadium Charitable Trust (CST) is not subject to LGOIMA.
    Attached are two legal opinions which both state that the CST is subject to the provisions of LGOIMA.
    These were released to me by Paul Orders, former CEO of the Dunedin City Council (DCC), after I made a complaint to the Ombudsman.

    In July 2008 I was making requests under LGOIMA about the stadium and was informed by the then CEO, Jim Harland, that the CST was not subject to LGOIMA. What Harland failed to tell me was that he had sought two legal opinions both of which state that the CST is subject to LGOIMA.

    When I produced Harland’s email to the Ombudsman, the Ombudsman recommended that the Council release these opinions to me. Hence the attached legal opinions. It is not often that legal opinions are released because of legal priviledge but I guess in this case I had proved I was misled. It was part of the deceipt of withholding vital information from the public so that they could push the project through against the will of the community.

    They lied from start to finish with this project and filled their pockets along the way –that’s why myself and others will continue to expose what happened. The whole process was so bloody cynical.

    Returning to Farry, CST and LGOIMA, it is also clear under the Public Records Act 2005 that the Council is required to maintain full records etc as outlined below:

    PUBLIC RECORDS ACT 2005
    Requirement to create and maintain records

    (1) Every public office and local authority must create and maintain full and accurate records of its affairs, in accordance with normal, prudent business practice, including the records of any matter that is contracted out to an independent contractor.

    (2) Every public office must maintain in an accessible form, so as to be able to be used for subsequent reference, all public records that are in its control, until their disposal is authorised by or under this Act or required by or under another Act.

    (3) Every local authority must maintain in an accessible form, so as to be able to be used for subsequent reference, all protected records that are in its control, until their disposal is authorised by or under this Act.

    ————————————————

    From: Sandy Graham [DCC]
    To: Bev Butler
    CC: Letitia Parry @ombudsmen.parliament.nz
    Date: Wed, 15 Feb 2012 16:04:50 +1300
    Subject: Bev Butler re legal opinions – 14 Feb 2012.pdf – Adobe Acrobat Professional

    Dear Bev

    Please find attached the information regarding the LGOIMA peer reviews.

    Regards
    Sandy

    DCC Letter to BButler 14.2.12

    Full download: Bev Butler re legal opinions – 14 Feb 2012 (PDF, 949 KB)
    • Cover letter from Paul Orders 14.2.12 (1 page)
    • Letter from Anderson Lloyd 18.9.08 (3 pages)
    • Letter from Simpson Grierson 25.9.08 (5 pages)

    [ends]

    For more, enter the terms *cst*, *csct*, *carisbrook*, *stadium*, *farry*, or *harland* in the search box at right.

    Posted by Elizabeth Kerr

    9 Comments

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    Dunedin’s social housing need —they built a bastard stadium

    State housing 1aDunedin civic leaders built a ‘bastard stadium’ instead of making the conscious decision to look after our most vulnerable citizens.

    The increasing cost of private rental accommodation in Dunedin has seen the demand for social housing rise during the past six months, with Housing New Zealand housing one family a day during that time.

    The amount of money people needed just to get in the front door of a private rental was out of reach for many families.
    –Nicola Taylor, Anglican Family Support

    ### ODT Online Sun, 2 Mar 2014
    State housing in demand
    By Tim Miller – The Star
    Unaffordable rental property in Dunedin is driving lower-income families into social housing, with one property manager saying the situation could get worse if rental properties are required to lift their standards.
    Increased demand has seen the waiting list of families waiting for one of Dunedin’s 1451 state houses increase to 64.
    Read more

    ****

    ### radionz.co.nz Friday 28 February 2014
    Nine to Noon with Kathryn Ryan
    http://www.radionz.co.nz/national/programmes/ninetonoon
    09:08 Revised statistics reveal true extent of elderly poverty
    Roy Reid, president Grey Power New Zealand Federation; and Jonathan Boston, professor of public policy at Victoria University and co-chair of the Expert Advisory Group on Solutions to Child Poverty.
    Audio | Download: Ogg   MP3 ( 23:33 )

    ****

    The Accommodation Supplement available to low income people and beneficiaries has not been raised for NINE YEARS.

    This fact, of course, doesn’t and won’t stop upwardly mobile Dunedin landlords (many of them absentee) seeking capital gains and higher rents, while exercising tax avoidance under current legislation —there are insufficient casual, part-time and full-time jobs available in the city to service increasingly high rents (income poverty). With the result Dunedin renters in genuine need are being severely squeezed — this impacts on the health and wellbeing of individuals, couples and families, placing a long-term cost burden on the rest of society. Not surprisingly, the number of homeless people is rising. Meanwhile, the mayor, the council chief executive and friends are skooting off to China on junkets, in the time-honoured tradition of the Old Dunedin CARGO CULT.

    Accommodation Supplement is a weekly payment which helps people with their rent, board or the cost of owning a home.

    You may get an Accommodation Supplement if you:
    • have accommodation costs
    • are aged 16 years or more
    • are a New Zealand citizen or permanent resident
    • normally live in New Zealand and intend to stay here
    • are not paying rent for a Housing New Zealand property.

    It also depends on:
    • how much you and your spouse or partner earn
    • any money or assets you and your spouse or partner have.

    How much you will get on the Accommodation Supplement will depend on:
    • your income
    • your assets
    • your accommodation costs
    • your family circumstances
    • where you live.

    For more information go to:
    http://www.workandincome.govt.nz/individuals/a-z-benefits/accommodation-supplement.html

    Posted by Elizabeth Kerr

    *Image: odt.co.nz – State Housing (re-imaged by whatifdunedin)

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