Tag Archives: Guaranteed maximum price

SUNK Stadium: TOO MUCH ratepayer money going west STOP

Garrick Tremain – 11 May 2012


The point is $224 million is not the TRUE COST. It is FAR HIGHER. Dunedin City Council must stop all OBFUSCATION. Open the books to a full independent forensic audit of the council and related entities NOW.

Meantime, close the stadium to stem the losses.

### ODT Online Fri, 11 May 2012
Budget blowout pushes stadium cost to $224m
By Chris Morris
The final cost of the Forsyth Barr Stadium has risen to $224 million, after independent auditors uncovered a budget blow-out of more than $8 million, it has been confirmed. The findings showed the stadium’s capital cost had risen by $8.4 million, from $198 million to $206.4 million. Interest accrued during the stadium’s entire construction period, as loans began to be drawn down, also hadn’t been included in costs.

The $8.4 million overspend meant costs exceeded budgets by 4.2%.

The PWC review did not seek to apportion blame, but findings had been passed to council chief executive Paul Orders, who told reporters he would study them “coolly and calmly”.
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Posted by Elizabeth Kerr

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Filed under Architecture, Business, Construction, CST, DCC, DCHL, DVL, DVML, Economics, Events, Hot air, Media, ORC, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, STS, Town planning, Urban design

Malcolm Farry: “Embrace the vision”

### ODT Online Mon, 30 Aug 2010
Opinion: ‘News’ already in the public domain
By Malcolm Farry
A recent front page article in the Otago Daily Times highlighted items not included in the Forsyth Barr Stadium’s main construction contract. Malcolm Farry points out this information was already in the public domain and suggests the article carried unfortunate implications.

Over the past four years, I have become accustomed to being called at home by members of the public wanting a “chat” and to share their contrasting views on the merits of the Forsyth Barr Stadium project. However, these exchanges reached a new level of intensity following the Otago Daily Time’s article on August 12 under the headline “Stadium extras to cost in millions”.
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-Malcolm Farry is chairman of the Carisbrook Stadium Charitable Trust.

Post by Elizabeth Kerr

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April 19: Councillors invited to South Dunedin public meeting

### ODT Online Fri, 10 Apr 2009
Stadium: last chance to quiz councillors

By Brenda Harwood

A public meeting in South Dunedin will give local residents one last chance to express their opinion on the Awatea St stadium ahead of the final decision day for city councillors, April 20.

South Dunedin city councillors have been invited to attend the public meeting at 7pm next Sunday, April 19, at Caversham Presbyterian Hall, 61 Thorn Street.

All four South Dunedin councillors would have the opportunity to speak at the meeting, while hearing directly from ratepayers. A facilitator would ensure the meeting remained orderly.

Read more online here;

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April 20: DCC Extraordinary Meeting

### ODT Apr 9, 2009 (page 4)
What happens next
The Dunedin City Council will hold an extraordinary meeting on April 20, at 9am, to decide whether or not to sign a contract with Hawkins Construction to build the stadium.

The February 9 Resolutions
The Dunedin City Council voted to commit to the stadium project on the following terms and conditions:

{Continues in print and digital versions}

See also http://www.odt.co.nz/news/dunedin/50932/chin-responds-stadium-questions

Posted by Elizabeth Kerr

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Mayor: Questions and answers 2

### ODT Online Thu, 9 Apr 2009
Chin responds to stadium questions (part 2)

By David Loughrey

The recent meeting organised by Stop the Stadium at the Dunedin Town Hall, attended by 1800 people, raised as many questions as it answered. So, what is the council’s response?

Read More Online Here…

Go to answers and other comments at ODT

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D Scene says

### D Scene 8-4-09 page 3
There’s time
By Ryan Keen

Let’s face it – the only reason Dunedin city councillors and Mayor Chin don’t want a referendum on whether the public should fund the planned megabucks stadium is they’re afraid of the result.
{continues}

Register to read D Scene online at http://fairfaxmedia.newspaperdirect.com/

### D Scene 8-4-09 page 9
Scrutiny of stadium contract clauses
By Michelle Sutton

A recommendation on the fixed price construction contract to build planned $200 million Otago Stadium is being thrashed out behind closed doors over the next week or two.
{story continues}

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April 20 stacked to hell

### ODT Online Tue, 7 Apr 2009
Stadium: councillors get final say
By David Loughrey
Dunedin city councillors have been assured no contract will be signed with main stadium contractor Hawkins Construction until the matter goes to a vote on April 20.
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Posted by Elizabeth Kerr

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