Tag Archives: Eion Edgar

Harland to scale

  • Jim Harland and Sukhi Turner (via ODT 2.6.04) - supplied by Calvin Oaten 9.9.14
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    █ 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

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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

    Filed under Business, Carisbrook, Construction, CST, DCC, DCHL, DCTL, Delta, Democracy, Design, DVL, DVML, Economics, Media, Name, New Zealand, NZRU, NZTA, ORC, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, Town planning, University of Otago, Urban design

    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

    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:
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    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

    ORFU: Black-tie dinner, theft or fraud?

    Dave Goosselink Tweets 17.3.14[screenshot]

    • Dave Goosselink — Dunedin face (and voice) for TV3 News & Sports
    • Samuel Gilchrist — social media handler for The Highlanders @Highlanders

    Retweets by @whatifdunedin and @SearleJamie
    • Jamie Searle — Southland Times racing reporter

    Correspondence received.
    Wednesday, 19 March 2014 10:58 a.m.

    From: Bev Butler
    To: Steve Tew [NZRU]; Doug Harvie [ORFU]
    CC: Murray Kirkness [ODT]; Steve Hepburn [ODT]; Rebecca Fox [ODT]; Ian Telfer [RNZ]
    Subject: Black-tie dinner bill to be paid?
    Date: Wed, 19 Mar 2014 10:56:35 +1300

    Wednesday 19th March 2014

    Dear Steve

    The following was posted on a local blogsite “What If Dunedin”.

    “The conscience of the ORFU is totally absent. The normal procedure for staging an event such as the black-tie dinner is to budget all costs, set the entrance fees to cover those costs and establish a profit level. That is both normal and straightforward – some I’m sure, would say honest, business practice..

    The way the ORFU operated was to set the costs, pay out the organiser – who just happened to be the wife of Laurie Mains – ignore the costs and bank the difference. Can anyone tell me that if this scenario happened with anyone else other than the dear old rugby-mad idiots on the Council involved, would this be tolerated? Not on your nelly. Can anyone tell me why this isn’t either theft or fraud?” *

    What especially interests me about this post is the question posed as to whether theft or fraud is involved.
    It feels like it to me but I’m not sure whether it would hold up in a court of law.
    Maybe it could…maybe it couldn’t.
    My limited understanding of the Crimes Act is that the hardest part to prove is intent.
    In the case of the black-tie dinner, did the ORFU have any intent on paying the bill?
    In my opinion, if they did they would have paid it when they received the money from the guests – because obviously it was the intent of the guests for their money to be paid for their evening out.
    What do you think, Steve? I’d appreciate your view on this.

    I noticed on twitter, media and rugby officials tweeting about this issue.
    Strange how the Highlanders’ social media official, Samuel Gilchrist, refers to me as a ‘warmonger’ because I am asking for some honesty from the ORFU. The problem down here is that there is no decent leadership in rugby and hasn’t been for years.
    We have Roger Clark as the current CEO of The Highlanders – he was the CEO of Southland Rugby Union at the time when they
    they owed over $100,000 in booze. I fear that nothing much has changed.

    I had hoped that with the new ORFU board that some leadership would be shown over the black-tie dinner scandal but, to date, that hasn’t happened. Change needs to come from the top so that people like Samuel Gilchrist understands that it is not okay to run off without paying your bills. He doesn’t seem to be able to figure this out for himself. I guess when things have been bad down here for so long those who can’t think for themselves look to the leaders for guidance which is lacking.

    That is why I have turned to you, Steve, to finally show some leadership and right this wrong.

    I hope I don’t have to continue to prod any deeper.

    Yours sincerely
    Bev Butler

    Previous letter to Steve Tew deleted, read it here

    [ends]

    *Link to source

    Related Posts and Comments:
    17.3.14 ORFU: Black-tie dinner on ratepayers
    14.3.14 ORFU flush to pay creditors

    For more, enter the terms *orfu*, *dinner*, *jeremy curragh*, *bailout*, *martin legge*, *dia*, *pokies*, *jokers*, *ttcf*, or *pokie rorts* in the search box at left.

    Posted by Elizabeth Kerr

    6 Comments

    Filed under Business, DCC, Democracy, DVML, Economics, Events, Hot air, Media, Name, New Zealand, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums

    ORFU: Black-tie dinner on ratepayers

    Correspondence received.
    Monday, 17 March 2014 9:28 a.m.

    From: Bev Butler
    To: Steve Tew [NZRU]; Doug Harvie [ORFU]
    CC: Steve Hepburn [ODT]; Rebecca Fox [ODT]; Murray Kirkness [ODT]; Ian Telfer [RNZ]
    Subject: FW: ORFU board responsible for paying the black tie dinner bill
    Date: Mon, 17 Mar 2014 09:26:55 +1300

    Monday 17th March 2014

    Dear Steve

    It is a while since we corresponded and Doug [Harvie] has indicated he doesn’t intend to respond any further (always best to keep the lines of communication open when in a leadership role) so thought I would let you in on the current situation of the ORFU.
    Please read from the bottom up and then read the rest of this email.

    Either Doug doesn’t fully appreciate the situation or is just hoping the issue will go away.
    Let me explain the situation from a different perspective so that both you and Doug may have a deeper understanding of the full implications.

    Let’s say that you and Doug decide to borrow a considerable amount of money to build a new restaurant with a state of the art glass roof. Absolutely stunning – is going to be just wonderful for me to conduct my business dealings there. Just days after your restaurant opens I come along and make a booking for 350 guests. Unfortunately, my business hasn’t been going that well so am using your new restaurant to have a fund-raising dinner. I employ one of my close friends, Elly-May, to organise the dinner for my business. She sells tickets for this dinner for $250 each. Now 350 guests at $250 each is $87,500. You charge me about $75 per guest – a total of about $26,000. Now after the event I pay my close friend Elly-May about $10,000 and have a few other expenses which leave me with a ‘profit’ of $52,000. BUT instead of paying you the $26,000 I put the lot in my ‘pot’ and cry that I’m poor. You and Doug were such wonderful hosts, our guests were well fed, plenty of booze and cleaned up after us. Thanks for that.

    One of your colleagues gets a bit shirty and accuses me of being dishonest. How dare him [sic]. I just wanted to spend the money on something else – I had other bills to pay even though my 350 guests were under the impression they were paying for the night out I just wanted to use the money for something else. Done it before – ask Jeremy Curragh. Well. I have some very important friends, you know. So I get them to sue him for defamation. Felt good when your colleague had to apologise.

    Do you really think I have acted honestly and with integrity?

    Now do you understand why the Dunedin ratepayers are still angry about this?
    I am still being approached by people (as recently as yesterday – some of them rugby coaches) upset by the ORFU’s actions.

    I suggest you two have a chat and do the right thing and pay this bill now that the ORFU have announced a ‘profit’ for the year. Someone needs to show some leadership over this. The Dunedin community deserve better. Personally I believe you have a moral obligation to pay this bill and set this wrong right. It is but a small gesture for the many indiscretions perpetrated by the ORFU on the Dunedin community.
    Some people in the Dunedin community think that the ORFU are rotten to the core but I don’t actually agree with them. I am an optimist at heart and believe that there is human decency in everyone. In the ORFU’s case it just requires a bit of deeper prodding.

    The ORFU have a moral obligation to show some human decency and pay this bill. It is a matter of principle. I will not be silenced on this. You have my word on that.

    Yours sincerely
    Bev Butler

    —————————–

    From: Bev Butler
    To: Doug Harvie [ORFU]
    CC: Steve Hepburn [ODT]
    Subject: RE: ORFU board responsible for paying the black tie dinner bill
    Date: Fri, 14 Mar 2014 09:43:19 +1300

    Dear Doug

    Saying that “ALL creditors have been satisfied in full, in one way or another” is not the same as saying that all creditors have been PAID in full.
    I know it is uncomfortable for you to be reminded of this but it still does not excuse the ORFU from doing the decent thing and paying their obscene black-tie dinner given they already had the money but decided to pocket it instead.
    How about showing some decency or goodwill towards those that bailed you out of your financial mess now that you are flush with $406,859 profit?

    Yours sincerely
    Bev Butler

    —————————–

    From: Doug Harvie [ORFU]
    To: Bev Butler
    CC: Steve Hepburn [ODT]
    Subject: RE: ORFU board responsible for paying the black tie dinner bill
    Date: Thu, 13 Mar 2014 20:16:32 +0000 [sic]

    You have your facts wrong Bev – ALL creditors of ORFU have been satisfied in full, in one way or another.

    I will not be responding to any further correspondence on this matter.

    D J Harvie

    Partner
    Harvie Green Wyatt

    (P O Box 5740, Dunedin 9016, New Zealand. Phone +64 3 4775005 or +64 21 2234169. Fax +64 3 4775447

    —————————–

    From: Bev Butler
    Sent: Friday, 14 March 2014 7:32 a.m.
    To: Doug Harvie [ORFU]
    Cc: Steve Hepburn [ODT]
    Subject: ORFU board responsible for paying the black tie dinner bill

    Friday 14th March 2014

    Dear Doug

    In today’s ODT the ORFU have reported a profit of $406,859 for the 2013 financial year and a profit of $134,656 for the 2012 financial year. Part of this so called profit is just pocketing of monies from unpaid bills.

    As you are fully aware, the ORFU ran up a DVML bill of $25,352 for their black tie fund raiser at the stadium on 5th August 2011. This was for food, booze, soft drinks and cleaning.

    Not only did the ORFU run off without paying this bill but the ORFU paid no venue hire for this brand new venue. Then to top it off the ORFU pocketed $52,000 from this fundraising event into their ‘pot’ which then is reported as profit for the 2012 financial year.

    The fact that the ORFU then pressurised the Council to ‘write it off’ does not excuse the ORFU from the moral obligation to pay this bill.

    I was quoted in the ODT as saying this was ‘obscene’. It is like booking a large restaurant, gorging yourselves on all their food and drink and hospitality then doing a runner.

    It is ‘obscene’ and I expect this bill to be paid in full.

    Laurie Mains, and his wife, Anne-Marie, refused to answer questions as to whether Anne-Marie was paid for her services in organising this event. I actually have no problem with her charging for her professional services. What I do have a problem with is that it is standard practice for professional event organisers to ensure all outstanding bills are paid before the ‘surplus’ is paid to the organisation. This did not happen. I don’t know whether Anne-Marie was paid $10,000, $12,000 or even more but whatever the amount the issue is that the other bills should have been paid first.

    I fully expect this bill to be paid as the ORFU did actually have sufficient funds to pay this bill as evidenced by the reported profit of $134,656 for the 2012 financial year.

    I also remind you that the $350 guests to this black-tie dinner paid $250 per ticket which would have been paid with the understanding that this would cover the costs. When a function such as this is organised, the ticket price is to cover the costs of the meal, venue hire, cleaning etc. Once the bills are paid, then any surplus is genuine ‘profit’ and the organisation then can legally pocket this ‘profit’.

    The fact that the ORFU pocketed this money instead of paying their bill is unacceptable.

    It is time the ORFU did the decent thing and pay this bill.

    Yours sincerely

    Bev Butler

    [ends]

    Posted by Elizabeth Kerr

    15 Comments

    Filed under Business, DCC, DVML, Economics, Events, Hot air, Media, Name, New Zealand, ORFU, People, Politics, Project management, Site, Sport, Stadiums

    Mayoral DISGRACE: DCC won’t ask ORFU to repay $480K bailout

    Related Posts and Comments:
    14.3.14 ORFU flush to pay creditors

    The Otago Rugby Football Union has recorded a $406,800 profit, just over two years after it faced going out of business because of debts of more than $2 million. The union now has reserves of more than $500,000, and is predicting a small profit for the coming year. […] When asked whether the union would consider repaying some creditors who lost money when the deal was agreed to save the union from liquidation, Union chairman Doug Harvie said that would not happen. (ODT 14.3.14)

    24.5.12 ORFU board announced

    The recovery package involved the NZRU providing a long term loan for working capital of $500,000 and Dunedin City Council writing off debt of $480,000. In addition, costs have been cut and additional sponsorship arranged. […] Almost $500,000 has been raised to allow the union to settle with creditors. A total of 156 non-profit organisations and other creditors who are all owed less than $5,000 will be paid in full. The remaining 24 creditors will be repaid the first $5,000 and half of what they are owed above that. The repayments are due to be made by the end of the month. (ODT 24.5.12)

    Copy received. ODT 15.3.14 (page 14)

    ODT 15.3.14 (page 14)

    For more, enter the terms *orfu*, *dinner*, *jeremy curragh*, *bailout*, *martin legge*, *dia*, *pokies*, *jokers*, *ttcf*, or *pokie rorts* in the search box at left.

    http://www.odt.co.nz/news/dunedin/295236/council-will-not-welsh-deal

    Posted by Elizabeth Kerr

    17 Comments

    Filed under Business, DCC, Media, Name, New Zealand, ORFU, People, Pics, Politics, Project management, Property, Site, Sport, Stadiums

    ORFU flush to pay creditors

    When asked whether the union would consider repaying some creditors who lost money when the deal was agreed to save the union from liquidation, Union chairman Doug Harvie said that would not happen.

    ### ODT Online Fri, 14 Mar 2014
    Profit pleases ORFU
    By Steve Hepburn
    The Otago Rugby Football Union has recorded a $406,800 profit, just over two years after it faced going out of business because of debts of more than $2 million.
    The union now has reserves of more than $500,000, and is predicting a small profit for the coming year. […] In March 2012, the union was a few days away from going out of business, with debts of $2.2 million and creditors failing to come to agreement. But a rescue package was nailed down and the union traded its way out of difficulty, albeit with some concessions from creditors.
    Read more

    ****

    Correspondence received.

    From: Bev Butler
    To: Doug Harvie [ORFU]
    CC: Steve Hepburn [ODT]
    Subject: ORFU board responsible for paying the black tie dinner bill
    Date: Fri, 14 Mar 2014 07:31:59 +1300

    Friday 14th March 2014

    Dear Doug

    In today’s ODT the ORFU have reported a profit of $406,859 for the 2013 financial year and a profit of $134,656 for the 2012 financial year. Part of this so called profit is just pocketing of monies from unpaid bills.

    As you are fully aware, the ORFU ran up a DVML bill of $25,352 for their black tie fund raiser at the stadium on 5th August 2011. This was for food, booze, soft drinks and cleaning.

    Not only did the ORFU run off without paying this bill but the ORFU paid no venue hire for this brand new venue. Then to top it off the ORFU pocketed $52,000 from this fundraising event into their ‘pot’ which then is reported as profit for the 2012 financial year.

    The fact that the ORFU then pressurised the Council to ‘write it off’ does not excuse the ORFU from the moral obligation to pay this bill.

    I was quoted in the ODT as saying this was ‘obscene’. It is like booking a large restaurant, gorging yourselves on all their food and drink and hospitality then doing a runner.

    It is ‘obscene’ and I expect this bill to be paid in full.

    Laurie Mains, and his wife, Anne-Marie, refused to answer questions as to whether Anne-Marie was paid for her services in organising this event. I actually have no problem with her charging for her professional services. What I do have a problem with is that it is standard practice for professional event organisers to ensure all outstanding bills are paid before the ‘surplus’ is paid to the organisation. This did not happen. I don’t know whether Anne-Marie was paid $10,000, $12,000 or even more but whatever the amount the issue is that the other bills should have been paid first.

    I fully expect this bill to be paid as the ORFU did actually have sufficient funds to pay this bill as evidenced by the reported profit of $134,656 for the 2012 financial year.

    I also remind you that the $350 [sic] guests to this black-tie dinner paid $250 per ticket which would have been paid with the understanding that this would cover the costs. When a function such as this is organised, the ticket price is to cover the costs of the meal, venue hire, cleaning etc. Once the bills are paid, then any surplus is genuine ‘profit’ and the organisation then can legally pocket this ‘profit’.

    The fact that the ORFU pocketed this money instead of paying their bill is unacceptable.

    It is time the ORFU did the decent thing and pay this bill.

    Yours sincerely

    Bev Butler

    ——————————

    From: Doug Harvie [ORFU]
    To: Bev Butler
    CC: Steve Hepburn [ODT]
    Subject: RE: ORFU board responsible for paying the black tie dinner bill
    Date: Thu, 13 Mar 2014 20:16:32 +0000

    You have your facts wrong Bev – ALL creditors of ORFU have been satisfied in full, in one way or another.

    I will not be responding to any further correspondence on this matter.

    D J Harvie
    Partner

    Harvie Green Wyatt
    (P O Box 5740, Dunedin 9016, New Zealand. Phone +64 3 4775005 or +64 21 2234169. Fax +64 3 4775447

    ——————————

    From: Bev Butler
    To: Doug Harvie [ORFU]
    CC: Steve Hepburn [ODT]
    Subject: RE: ORFU board responsible for paying the black tie dinner bill
    Date: Fri, 14 Mar 2014 09:43:19 +1300

    Dear Doug

    Saying that “ALL creditors have been satisfied in full, in one way or another” is not the same as saying that all creditors have been PAID in full.
    I know it is uncomfortable for you to be reminded of this but it still does not excuse the ORFU from doing the decent thing and paying their obscene black-tie dinner given they already had the money but decided to pocket it instead.
    How about showing some decency or goodwill towards those that bailed you out of your financial mess now that you are flush with $406,859 profit?

    Yours sincerely
    Bev Butler

    [ends]

    For more, enter the terms *orfu*, *dinner*, *jeremy curragh*, *bailout*, *martin legge*, *dia*, *pokies*, *jokers*, *ttcf*, or *pokie rorts* in the search box at left.

    Posted by Elizabeth Kerr

    13 Comments

    Filed under Business, DCC, Democracy, DVML, Economics, Events, Hot air, Media, Name, New Zealand, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums

    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

    Stadium: Accountability, paper trail leads unavoidably to NEWS

    Stadium, Dunedin [espnscrum.com]Stadium under construction [photo via espnscrum.com]

    Comments received.

    Bev Butler
    Submitted on 2013/07/30 at 2:25 pm

    http://www.stuff.co.nz/national/politics/8981153/Phone-records-given-to-inquiry
    Parliament’s speaker, David Carter:
    “I view any actions that may put at risk journalists’ ability to report very seriously.”

    Both Sir Eion Edgar and Sir Julian Smith have some explaining to do as to their “actions” in preventing the reporting of the information contained in the press release below which one of the ODT reporters contacted me about on 3 July 2013, asked me questions, then nothing being published in the ODT.

    PRESS RELEASE
    “Philanthropist” reneges on promised $1m donation
    Full independent enquiry sought

    The deceptions surrounding the Forsyth Barr Stadium continue to be revealed by official documents released on 11 June 2013.

    The public, on many occasions raised doubts that the promises of private funding for construction of the stadium, had been met, but were assured by Mr Malcolm Farry, Chair of the Carisbrook Stadium Trust as reported in NBR and ODT 2007 that in fact several substantial donations had been promised. Indeed he went so far to tell the public that he had promises of three individual donations of $1 million each to be put to the costs of construction. Sir Eion Edgar also confirmed in DScene in 2009 that he would be making a donation of $1m.

    That, as has now been revealed officially, was untrue.

    It was also untrue as Mr Farry claimed when leading the project, that advance ticket or product sales revenue could be counted as construction capital. This was nothing other, as many ratepayers pointed out, simply advance operational revenue which could not be charged in the future. While Mr Farry denied this, the PricewaterhouseCoopers investigation found that there was little or no capital raised from ‘private funding’ for construction.

    The relevance of this should not be lost when the evidence supplied to the High Court in Christchurch by the Carisbrook Stadium Trust through the DCC also stated that substantial private donations had been made for construction. At the time of the Stop The Stadium court case in April 2009, Mr Farry had stated publicly that more than $30m of the required $45m had already been contracted in private funding for construction of the stadium. It appears that evidence in the High Court case was also not truthful.

    The role played by Forsyth Barr and its Chair, Sir Eion Edgar also come directly under a brighter spotlight from the release of the documentation. Sir Eion Edgar promised a substantial donation of $1m as reported in DScene 2009, but again this has proven not to be true. But this lack of philanthropy also extended to an obscuring of the facts surrounding the naming rights of the stadium. Despite Sir Eion Edgar claiming in the National Business Review (29/01/09) that a “substantial cheque” had been written for these rights, and The Marketing Bureau commissioned by the CST reporting to council the naming rights were worth $10m, the fact was that instead the stadium was named after his company for a period of two and a half years before any revenue was received. It has already been reported in the media that the naming rights were no more than $5m. An upfront substantial sum in advance reported in PwC peer reviews was somehow altered to a much lesser sum in monthly arrears payments which didn’t begin until late 2011.

    Sir Edgar also had a significant role as President in his connections with the Otago Rugby Football Union when a fundraising function for the ORFU in August 2011 at the new Forsyth Barr Stadium defaulted in its payments to the Dunedin City Council leaving ratepayers to pick up the tab for booze, food, hireage and cleaning while the ORFU pocketed the gross income less a substantial organisational fee paid to the wife of the Deputy Chair of the ORFU, Laurie Mains.

    While the PwC investigation was not intended to be a forensic audit of all financial matters surrounding the stadium, sufficient grounds now exist for such a full independent investigation to be carried out, and it is difficult to see just why this should be resisted unless some have got matters to try and continue to conceal. Doubts have also been expressed over the laxity of the billing and payment processes whereby blanket monthly CST accounts with no detail were passed for payment by the then CEO of the Dunedin City Council, Jim Harland, and there remains uncertainty over the validity of many of the expenses and other monies claimed for and paid by the ratepayers of the City.

    [Response 1]

    Elizabeth
    Submitted on 2013/07/30 at 2:46 pm

    Bev, quite apart from the content of the Press Release, are you saying the ODT journalist who contacted you about the release was lined up to do a story based on the content of the press release? Or that the editorial team did not support the reporter and canned the story as filed? Or for the newspaper’s own reasons there was never a story?! In other words, something of a spying mission took place?

    Media can choose whether or not to cite the content of press releases in whole or in part.

    Should a newspaper decline to reference a press release in its general news coverage, surely that leaves the writers of the release free to pay for an advertising statement. This is exactly what has been required with The Press in Christchurch over the fight to restore the Christ Church Cathedral – paid advertising by Cathedral advocates tied to education of the Press editor underlining the editorial bias which has run to the benefit of the Bishop and the CPT. We consider The Press’s stance deliberate to force use of paid advertising. The Press has softened since being SPOKEN TO.

    ****

    [Response 2]

    Russell Garbutt
    Submitted on 2013/07/30 at 8:25 pm

    Bev’s post needs as wide a circulation as possible and I would urge any readers to pass on the URL of this post to as many of their friends as possible, but it is as sure as God made little green apples, that the ODT will neither investigate nor publish anything that is detrimental to the interests of those that have certain influence and connections. I wonder if Sir Julian would be willing to show his phone records? Particularly those from the Central Otago region?

    All of the material that Bev mentions regarding the naming rights is backed up by documentation – in fact so much of what Bev is talking about is now being played out in National politics with the Henry inquiry and Vance’s phone records. The story has to be dragged out before it is grudgingly admitted that a great wrong was done. And even then the perpetrators can’t get their story straight.

    This is what I mean by accountability in many ways. Many have claimed that deceit, lies and obfuscation were just part of the normal business around the CST, DCC, ORFU and associated parties and it has also been suggested that this culture of deceit and lies extended to the High Court. Who am I to argue that this was not the case? But the same people’s names turn up time and time again. Reported are Farry, who continues to harangue from the side-lines, Edgar promising much and apparently confused between what is a donation and what is part of a payment for a sweetheart deal with the organisation of which he was part, or Harland, in the middle authorising payments on behalf of the ratepayers to the CST – a private Trust that remains a closed window.

    And who is going to push for exposure of all the facts? We should be forever grateful for Bev’s assiduous work in prying out the necessary documentation and proof of what many have alleged for years. I can only hope that Bev Butler is, within the near future, able to ensure that any serious wrong-doing by those connected with the greatest waste of ratepayer funds, is put forward in a high profile way.

    And if it can be shown in a separate jurisdiction that the allegations are well-founded – and I’m sure it can by the documentation that exists in private and on public record, then hopefully these people will be made accountable. But I’m not holding my breath.

    ****

    [Response 3]

    Bev Butler
    Submitted on 2013/07/30 at 10:11 pm

    Elizabeth, to now answer your questions – just briefly for now.
    “The Edgar Story” was first published on Stuff News on Wednesday 3 July 2013. About an hour later the story was “pulled”.
    Rarely does a story get “pulled” – it is generally due to major factual errors or a threat of defamation. As I know the information was correct then I assumed the latter.
    I wrote to Fairfax management then emailed Forsyth Barr/Edgar’s lawyers. Two days later the story was published in The Mirror – a Central Otago Fairfax publication.
    Interestingly, also on Wednesday 3 July an ODT reporter contacted me, questioning me about the Stuff News item. The reporter wanted to know who else I had sent the press release to. At the time I thought this was unusual – what did that have to do with reporting the news? I suspected that someone was wanting to do damage control behind the scenes. A week later I then heard from a good source that this was the case.
    What really concerns me, apart from the serious issues in the press release, is the behind-the-scenes manipulation of ‘freedom of the press’. Dunedin citizens are no longer able to rely on the local media for local news. The damage done by this behind-the-scenes manipulation is dangerous. How this can be allowed to happen in a democratic society should be a concern for all in Dunedin. I don’t blame the reporter as he/she would have been instructed to question me.

    [ends]

    Related Posts and Comments:
    18.7.13 ODT won’t touch Fairfax story
    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’

    ODT Online:
    11.5.12 $100m hotel for Dunedin waterfront [Edgar support]
    11.5.12 Harbour hotel proposed for Dunedin

    Posted by Elizabeth Kerr

    12 Comments

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

    ODT won’t touch Fairfax story

    Supposing Sir E rang Sir J. What did they talk about. Parties?

    Queenstown Mirror 10.7.13 (page 1)

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

    #bookmark page 1
    #bookmark page 2

    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

    Related Posts and Comments:
    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’

    ODT Online:
    11.5.12 $100m hotel for Dunedin waterfront [Edgar support]
    11.5.12 Harbour hotel proposed for Dunedin

    Posted by Elizabeth Kerr

    14 Comments

    Filed under Business, Construction, CST, DCC, DCHL, Democracy, DVL, DVML, Economics, Fun, Hot air, Inspiration, Media, Name, New Zealand, ORFU, People, Pics, Politics, Project management, Property, Site, Sport, Stadiums, Urban design, What stadium

    Delta, Carisbrook, Fubar Stadium —Councillors “weak”, or worse

    ODT Letter to the editor 15.7.13 (page 8) 1ODT Letter to the editor 15.7.13 (page 8)

    Related Posts and Comments:
    13.7.13 New Zealand: Salmond on democracy
    12.7.13 Hudson, DCC (ex DCHL)
    12.7.13 Delta Utility Services Ltd, missing column . . .
    10.7.13 Stadium: Edgar will honour $1M personal pledge to project
    9.7.13 Delta Utility Services Ltd, full investigation needed
    7.7.13 DCHL changes lack transparency —where’s the report, Shale?
    4.7.13 Carisbrook: DCC losses
    3.7.13 [Pulled!] Call for Dunedin stadium cash
    29.6.13 Audit NZ and OAG clean bill of health —Suspicious!
    27.6.13 State of the City —DCC or Dunedin?
    20.6.13 Stadium: DVML, DVL miserable losers! #grandtheftdebt
    8.6.13 Stadium: Insurmountable debt but gosh, look at our numbers!
    28.5.13 Carisbrook: Auditor-General #fails Dunedin residents and ratepayers
    27.5.13 Carisbrook and Leith flood protection
    23.5.13 Carisbrook: Calder Stewart to demo Dunedin’s historic stadium
    11.5.13 Stadium: Truth, usual whitewash or prosecution ?

    *Use search box at right to find out more.

    Posted by Elizabeth Kerr

    10 Comments

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

    Stadium: Edgar will honour $1M personal pledge to project

    KUDOS to Dunedin’s Bev Butler for putting the pressure on !!!

    Thanks to Wilma McCorkindale (Fairfax) for professional follow-up

    Queenstown Mirror 10.7.13 (page 1)

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

    #bookmark page 1
    #bookmark page 2

    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

    Related Post and Comments:
    3.7.13 [Pulled!] Call for Dunedin stadium cash

    Posted by Elizabeth Kerr

    10 Comments

    Filed under Architecture, Business, Construction, CST, DCC, DCHL, DVL, DVML, Economics, Geography, Hot air, Media, Name, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, STS

    [Pulled!] Call for Dunedin stadium cash

    via google

    Eion Edgar re-image [3news.co.nz]### stuff.co.nz Wed, 3 July 2013 [circa 4:00pm]
    Dunedin stadium fund needs Sir Eion Edgar’s pledge
    By Wilma McCorkindale
    The pressure is on Otago philanthropist Sir Eion Edgar to stump up with the $1 million donation he pledged to Dunedin’s stadium.

    Link was live 2 hours ago… story pulled. Oh dear.

    [That’s a major chunk of money promised, philanthropically speaking. An explanation and clarification is needed for the donation that did not eventuate. We’re waiting.]

    Copy supplied by Anonymous
    Wednesday, 3 July 2013 9:43 p.m.

    stuff.co.nz 3.7.13[screenshot]

    Posted by Elizabeth Kerr

    *Image: 3news.co.nz – Eion Edgar (reimaged by What if)

    11 Comments

    Filed under Business, CST, DCC, DVL, DVML, Economics, Hot air, Media, Name, ORFU, People, Pics, Politics, Project management, Property, Site, Sport, Stadiums, What stadium

    Carisbrook: Auditor-General #fails Dunedin residents and ratepayers

    Dunedin residents Bev Butler and Russell Garbutt each sought an inquiry into the Carisbrook deals.

    (see my comment and other comments received)

    ### ODT Online Tue, 28 May 2013
    No Carisbrook inquiry, auditor says
    By Chris Morris
    The Dunedin City Council’s possible multimillion-dollar loss from the sale of Carisbrook does not warrant an investigation, the Office of the Auditor-general says.

    ”We do not regard the purchase and disposal as raising issues that relate to our Delta inquiry, which is focused on the property investment actions of a council subsidiary.”

    OAG staff have confirmed that there will be no investigation of the council’s purchase, and pending sale, of Carisbrook properties, which could end up costing the council more than $4 million. That followed two separate requests received by the office in February, asking for the Carisbrook deal to be added to a wider OAG investigation of land purchases by council-owned company Delta. An OAG statement yesterday said the decision not to proceed came after reviewing council documents, which showed the issue ”does not warrant further inquiry”.
    Read more

    Related Post and Comments:
    15.2.13 Carisbrook: Call for OAG investigation into DCC / ORFU deals

    Posted by Elizabeth Kerr

    Leave a comment

    Filed under Business, CST, DCC, DCHL, Economics, Heritage, Name, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, Tourism, Urban design, What stadium

    Dunedin mayoralty and the Q-town heavies

    Update 16.8.13
    The full nominations list is published today at
    DCC nominations —All the mops, brooms and feather dusters

    Sir and Friends brought you the stadium and DCC’s MASSIVE consolidated debt.

    How much more control do you want to give them ???

    ODT Graphic 22.5.13### ODT Online Wed, 22 May 2013
    Mayoral contest heats up
    By Chris Morris
    Dunedin Mayor Dave Cull faces a political challenge – possibly from all sides – as the race for the city’s robe and chains later this year begins to heat up.
    Queenstown businessman and philanthropist Sir Eion Edgar yesterday confirmed he was behind a push to resurrect a Citizens Association-style group that could support candidates in October’s local body elections.
    The idea had been raised with potential backers in Dunedin and, if confirmed, could see the group’s mayoral or council candidates offered financial support by the group, including from interested businessmen, he said. Sir Eion said he was prepared to help finance the right candidates’ campaigns himself, saying the city needed ”good leadership”.
    Read more

    [ODT Graphic]

    Posted by Elizabeth Kerr

    158 Comments

    Filed under DCC, Hot air, Media, Name, People, Politics

    Forsyth Barr ‘should be booted’

    Link supplied.

    ### 3news.co.nz Mon, 11 Mar 2013 10:48a.m.
    Forsyth Barr to stay on Mighty River panel
    The Government’s rejecting a call to remove Forsyth Barr from the panel running the selldown of Mighty River Power despite a Commerce Commission ruling critical of the company’s past. In a decision last week, the Commerce Commission said Forsyth Barr and French investment bank CALYON were “misleading and deceptive” in their marketing of $91.5 million in Credit SaILS bonds to investors in 2006. The product promised 8.5 percent interest income and capital protection – but Credit SaILS failed in 2008, and the bonds are now virtually worthless. The companies have reached a settlement with the Commerce Commission to create a settlement fund of $60m to be distributed to investors.
    Economics writer Bernard Hickey says Forsyth Barr should be booted from the panel overseeing Mighty River’s float, saying its involvement risks undermining confidence in the sale.
    Read more

    Posted by Elizabeth Kerr

    10 Comments

    Filed under Business, Economics, Media, Name, People, Politics

    Waterfront hotel: DCC to notify resource consent application

    UPDATED POST 26.9.12
    Who is behind the resource consent application? Find out here.
    How do I make a submission on the application? Go to DCC webpage.

    Dunedin City Council
    Media Release

    Resource consent sought for major hotel

    This item was published on 07 Sep 2012.

    Betterways Advisory Limited has confirmed its interest in building a waterfront hotel and residential apartments on Dunedin’s Wharf Street. Further information sought by the Council has now been provided and formal notification of the company’s plans for the site will proceed.

    The proposed hotel will have 27 floors plus a basement and will contain 215 bedrooms, two restaurants, two bars, a swimming pool for in-house use, as well as 182 on-site parking spaces, and a drop off/pick up area for two coaches. The building will also accommodate 164 self-contained apartments.

    The application, which will be notified in Saturday’s Otago Daily Times, is accompanied by an assessment of environmental effects, revised plans and elevations, an architectural design statement, montages of the proposed hotel from viewpoints around Dunedin, shade diagrams, an integrated transport assessment, a reverse sensitivity study report, an infrastructure feasibility report, and a wind assessment report.

    The Wharf Street site is zoned Industrial 1. The general area is shown on the Hazards Register as being reclaimed land, at risk to seismic activity. Commercial residential activity and residential activity are considered to be non-complying activities under the District Plan and so the resource consent for the hotel needs to be notified.

    Anyone wanting to make submissions on the application has until 5 October 2012 to do so. The application can be viewed at www.dunedin.govt.nz/rma or by visiting the City Planning desk at the Dunedin City Council Service Centre. Information on making a submission and copies of the submission form can also be accessed online or obtained from the DCC Service Centre.

    Contact Resource Consents Manager on 477 4000.

    DCC Link

    Related Posts and Comments:
    8.9.12 Waterfront Hotel #Dunedin (Applicant names?)
    23.6.12 Mis(t)apprehension: website visits, not bookings?
    16.5.12 Dunedin Hotel

    Betterways Advisory Limited
    Previous name: DOLCE LMW LIMITED (15 Dec 2011)
    Company number: 3142026
    Incorporation Date: 23 Sep 2010
    Company Status: Registered
    Entity type: NZ Limited Company
    Company Addresses:
    Registered Office: RODGERS LAW, Level 4, 151-155 Princes Street, Dunedin
    Address for service: RODGERS LAW, Level 4, 151-155 Princes Street, Dunedin

    Directors: (1 of 1)
    Stephen John RODGERS
    20 Braeview Crescent, Maori Hill, Dunedin 9010

    Posted by Elizabeth Kerr

    104 Comments

    Filed under Architecture, Business, Construction, DCC, Design, Economics, People, Politics, Project management, Property, Site, Town planning, Urban design, What stadium

    Dunedin Hotel

    UPDATED POST 26.9.12
    Who is behind the resource consent application? Find out here.
    How do I make a submission on the application? Go to DCC webpage


    Published on May 13, 2012 by DunedinNZofficial

    Plans for a five star, 28-storey luxury hotel, proposed for Dunedin’s waterfront, have been revealed at Dunedin’s Forsyth Barr Stadium.

    The hotel will position the city as a high-end tourism destination and provide a major boost to the region’s economic development.

    The proposed hotel will be the tallest building in Dunedin by a significant margin providing uninterrupted views across the city either to Swampy Summit or the Otago peninsula. It will comprise both hotel and apartment accommodation, a swimming pool, a rooftop restaurant, car parks and a penthouse presidential suite.

    The $100 million development is currently going through the resource consent process and is destined for completion by 2015.

    Or so it says at YouTube.

    UPDATE 28.5.12
    The city council is pledging to put out the red carpet and not the red tape.

    “Don’t let us become the New Zealand equivalent of Springfield from the Simpsons TV show” –Andrew Metcalfe

    ODT Online news and opinion:
    26.5.12 Tough time for builders in city
    18.5.12 Links to city sealed hotel development
    13.5.12 Hotel proposal
    12.5.12 Hotel developers remain a mystery
    11.5.12 $100m hotel for Dunedin waterfront
    11.5.12 Harbour hotel proposed for Dunedin

    Related Post and Comments:
    8.9.12 Waterfront Hotel #Dunedin (Applicant names?)
    7.9.12 Waterfront hotel: DCC to notify resource consent application
    26.10.11 Dunedin Harbourside: DCC “caved”

    Posted by Elizabeth Kerr

    77 Comments

    Filed under Architecture, Business, Construction, DCC, Design, Economics, Politics, Project management, Property, Site, Town planning, Urban design, What stadium

    Edgar at VEP Seminar

    This Friday, 20 April the School of Business, University of Otago, will host its third Visiting Executive Programme (VEP) Seminar for 2012. All staff and students are welcome to attend.

    The Visiting Executive Programme was established in 2009 to bring leading national and international executives to the School of Business during weeks three to ten of each semester. Executives will present lunch time presentations to students based on subjects that are currently topical, or the presenter has expert knowledge of that would benefit Otago business students. Seminars are open to all interested students and staff from throughout the Business School and wider University.

    Posted by Elizabeth Kerr

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    Rob Hamlin: The ORFU’s small creditors: If I was one of them…

    This post received today from Rob Hamlin was first submitted to the Otago Daily Times for publication at The Analyst blog. The newspaper’s suggested edits are shown in italics.

    The conduct of the ORFU over the last couple of years has left a legacy of some 180 small creditors owed some 680,000 dollars. These traders now face a difficult situation, which the recent activities of various well placed worthies have done little to alleviate. These traders now have to make simultaneous decisions on two major matters rather than one. They have to decide whether to pursue their debts. But they also have to make up their minds whether they will continue to trade with the undead but still insolvent ORFU ‘zombie’ organisation that these worthies have rescued from an imminent, thoroughly justifiable and necessary corporate execution and autopsy process. It is most unusual for an organisation of this size, in such an apparently ruinous financial state and with such a poor track record of settling its debts over such an extended period of time to survive a crisis such as this. The fact that this is not a private limited company, but is an incorporated society takes us into completely new and unknown territory.

    By a mixture of vague promises and third party support, the ORFU appears to have extricated itself from around three quarters of its multi-million dollar debt on consistent terms of a cash return of zero cents on the dollar. In all cases, except possibly the bank, they also seem to have secured agreements that trade, and presumably credit will continue to be furnished to the ORFU on established or even enhanced terms by these creditor organisations.

    A pattern has thus been established and it would be a reasonable presumption on the part of any of the remaining creditors that similar terms in both of these areas will be sought from them on a case by case basis when contact with the ORFU is established by each individual creditor, as the ORFU clearly desires. No general creditor meetings have been called. Only a rather cheeky request via the media appears to have been issued inviting these creditors to get in touch with the ORFU’s accountants individually – presumably if and when they feel that they need to.

    Some commentators on the ODT website have noted that I am a specialist in food marketing, and have invited me to consider the supply and demand of pies within the rugby stadia of this town. The food industry is a brutal one, in which not getting paid is an ever present danger, and I therefore spend a good deal of my time teaching and advising on such matters. Their suggestion is therefore an excellent one, and I will discuss the first of these two issues – debt recovery from the ORFU, not from the point of view of an academic, but what the hypothetical owner of ‘The Pied Piemaker™’ Ltd (get it?) might do if they were owed some $12,000 by the ORFU. Continue reading

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    Facebook. The DCC has lost the plot.

    Discussion Board Topic:
    The selling of the stadium since 2006
    Compiled by Justin Miller. {Page no longer available. – Eds}

    Worth a read. Remind yourself of the weird and wonderful claims made by the stadium project makers, when they don’t have a PR company to control runaway tongues or egos.

    [The Facebook page might have gone but listen to this: https://soundcloud.com/christopherkeogh/the-dcc-has-lost-the-plot%5D

    Posted by Elizabeth Kerr

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    Filed under Business, Carisbrook, Construction, CST, DCC, DCHL, DCTL, Delta, Democracy, Design, Economics, Highlanders, Hot air, Media, Name, New Zealand, NZRU, ORC, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, Town planning, Urban design

    Eion Edgar predicts

    Thanks to @ajamesgreen for this tweet:

    @10PARK @five15design Eion Edgar predicts in 5 years rugby will be only 20% of (use/revenue?) at stadium http://bit.ly/ed1G0

    ### RNZ National Monday, 22 February 2010 at 10:09am
    Nine To Noon, with Kathryn Ryan
    Feature guest – Sir Eion Edgar
    Businessman and philanthropist, Sir Eion’s also Senior New Zealander of the year. (duration: 32′02″)
    Audio Ogg Vorbis MP3

    Posted by Elizabeth Kerr

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    Eion Edgar on ‘stadium haters’

    Another Old Boys’ Club member with a closed mind to genuine opposition.

    ### nbr.co.nz Monday July 6 2009 – 07:56am
    Forsyth Barr head confident Dunedin stadium haters will ‘see the light’
    By Robert Smith
    Any large construction project launched in New Zealand these days will attract criticism from those who can only see the negative, but the head of Dunedin stadium sponsor Forsyth Barr says he pays little attention to the doubters.
    Read more

    ● Mr Edgar is a member of the NBR rich-list and 2004’s NBR New Zealander of the Year.

    Forsyth Barr will celebrate its 75th anniversary in 2011, when the stadium is due to be completed in time for the Rugby World Cup.

    Posted by Elizabeth Kerr

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