Reminder to DVML | Annual cost for Stadium stings renters ratepayers $25M

16.12.15 ODT: Concerts a $20m bonus
International promoters are eyeing Dunedin for regular sell-out concerts after Forsyth Barr Stadium delivered strong ticket sales and a nearly $20 million boost to the city’s economy […] DVML chief executive Terry Davies said the results showed the stadium was delivering on “two key drivers” – delivering economic benefits and a boost to the city’s pride.
http://www.odt.co.nz/news/dunedin/367093/concerts-20m-bonus

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Comment at ODT Online:

Stadium economic dis-benefit
Submitted by JimmyJones on Mon, 21/12/2015 – 8:15pm.

DVML claims an economic benefit to Dunedin of $19.7 million for the concerts held this year. Economic benefit figures are notoriously exaggerated, especially when they are provided by someone whose reputation is at stake.

Anyway, it is misleading to claim a $20 million boost to the Dunedin economy without mentioning the annual $25 million (aprox.) cost to renters and ratepayers to fund the stadium. This is a net drain on the local economy and something Mr Davies and Mayor Cull should be ashamed of.

Also, almost none of the citizens forced to pay for this financial disaster receive any financial benefit from this so-called economic benefit – this is a wealth transfer, with a few businesses benefiting greatly at the expense of all the citizens of the city – the many suffer, to benefit the few. On the whole the stadium continues to be a millstone around the neck of Dunedin’s economy.

[ends]

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Posted by Elizabeth Kerr

*Images: fubar stadium, Dunedin

Stadium costs +$20M per annum, against one Fleetwood Mac concert….

THIS DOESN’T SINK NEWS OF LATEST DELTA FINANCIAL BLOWOUT – NOBLE VILLAGE SUBDIVISION

I experienced Fleetwood Mac at Western Springs, Auckland in the 1980s, there is no way I want to see them live now in a crap-for-sound covered stadium at Dunedin. This cat has already eaten the cream. I might see them at Mt Smart, however.

How much has DCC/DVML paid to the promoter to get the band here?
They’ve spent $350,000 on tired roller Rod Stewart, who has yet to perform.

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### ODT Online Fri, 20 Mar 2015
Fleetwood Mac to play Stadium
By Chris Morris
The rumours are true — Fleetwood Mac is coming to Dunedin. It was confirmed yesterday the group, one of the world’s best-selling bands, will perform its only South Island show at Forsyth Barr Stadium on Wednesday, November 18. Tickets costing between $100 and $300 plus fees will go on public sale from 10am on April 1, and a bumper crowd is predicted to pump millions of dollars into Dunedin’s economy. The British-American group’s Dunedin show will feature all five original band members, with Christine McVie having reunited with Mick Fleetwood, John McVie, Lindsey Buckingham and Stevie Nicks.
Read more

CroNix99 Uploaded on May 26, 2010
Fleetwood Mac – The Dance -1997 – Gypsy

CroNix99 Uploaded on Jul 2, 2010
Fleetwood Mac – Rhiannon – The Dance -1997

CroNix99 Uploaded on May 27, 2010
Fleetwood Mac – Landslide – 2004
Live In Boston – Say You Will Tour

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Posted by Elizabeth Kerr

*Image: Fleetwood Mac – Christine McVie rejoining Fleetwood Mac 12.1.14 [pitchfork.com]

‘Stadium liability’, from the ODT unprintable letters file

Received from Lee Vandervis
Sun, 14 Dec 2014 at 10:42 a.m.

Message: I have been advised by Nick Smith that the ODT Editor will not print my letter as below.
You may well have ideas on what the reasons for rejection may be.
Cheers,
Lee

ODT 10.12.14 Letter to the editor (page 14)

—— Forwarded Message
From: Lee Vandervis
Date: Thu, 11 Dec 2014 15:43:28 +1300
To: EditorODT, Nicholas G S Smith [ODT], Dave Cannan [ODT]
Conversation: Stadium liability
Subject: Stadium liability

Dear Editor,
Despite all the evidence, contributors like Bev Diehl still have everything wrong regarding the Stadium.
We do not “have it” – it has us till it is paid for. In the meantime the lenders have it and us by the debt short and curlies.
It is not “an asset” but a rates liability. We are not having major artists, they occasionally have us, as in the estimated $6 million Elton took back overseas for his one-off no-charge use of the Stadium. The mostly empty stadium has other events, mostly rugby, which are heavily subsidised by rates bail-outs and differential, Community Access fund, Event Attraction fund, and millions in interest, staff and maintenance payments. The DCC Stadium Review Committee was stacked with Stadium Management who recently succeeded in again increasing funding for their already wasteful operational spending.
Everything can never “fall into place”, until Stadium operational costs are reduced to the bare minimum required for the rare large events that only the Stadium can host, now that Carisbrook has been levelled.

Cr. Lee Vandervis

—— End of Forwarded Message

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Perhaps an inkling here, Lee ?

Ch39 News (11.12.14) talks to Phil Somerville about the ODT Opinion page.
We’re told it’s about bringing forth ideas. Different views from different perspectives – but STOP.

What are some of the main recurring topics?

“Often they tend to be on the main news of the day. For a while of course they were on the stadium, try to avoid that now, most views are extremely entrenched. Probably could run something on climate change every week….”
Link to comment

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Posted by Elizabeth Kerr

What can we slash – DCC

### ODT Online Sat, 6 Nov 2010
Harland’s ‘big ask’: Save city $6m
By Chris Morris
Dunedin City Council managers are under pressure to help find $6 million in savings and slash next year’s forecast 9.1% rates increase by two-thirds. Council chief executive Jim Harland yesterday confirmed he aimed to find the savings from within the operating costs of council departments, along with capital spending and associated debt-repayment costs.
Read more

Post by Elizabeth Kerr