Tag Archives: Stadium debt

Dunedin Venues Community Events Fund 2015

ODT 31.1.15 (page 4)
ODT 31.1.15 Advert Dunedin Venues p4

### dunedintv.co.nz February 2, 2015 – 5:57pm
Community groups and organisations invited to use Forsyth Barr Stadium
Dunedin community groups and organisations are invited to apply for funding to use Forsyth Barr Stadium. Each year the company that runs the stadium has to allocate $750,000 in funding for community use. That’s part of its agreement with the Dunedin City Council. The money covers the cost of using the stadium for non-profit groups and charities. It’s for events which encourage community use of the facility, resources and equipment. Funding is now available for events in the second half of this year. A second funding round, for next year’s events, will open in September.
Ch39 Link [No video available]

Posted by Elizabeth Kerr

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Stadium (fubar): cringe

Copy supplied.
Thursday, 15 May 2014 10:35 a.m.

The Press 13.5.14 Letters to the editorThe Press 13.5.14 [click to enlarge]

These letters to the editor were published in reply to the strong article by Fairfax News reporter Wilma McCorkindale, Stadium could cost Dunedin ratepayers millions (Stuff 9.5.14).

[Note there are 36 online comments]

Posted by Elizabeth Kerr

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Stadium: DCC proposes extra funds for stadium debt repayment

Comment received from Mike
Submitted on 2014/05/11 at 12:42 pm

Now is a great time to remind people of section 63 the Local Government Act which reads:

Restriction on lending to council-controlled trading organisation
A local authority must not lend money, or provide any other financial accommodation, to a council-controlled trading organisation on terms and conditions that are more favourable to the council-controlled trading organisation than those that would apply if the local authority were (without charging any rate or rate revenue as security) borrowing the money or obtaining the financial accommodation.

http://www.legislation.govt.nz/act/public/2002/0084/latest/DLM171886.html

Which as I read it means that the council can’t fund DVML in a more advantageous way than it would receive itself from its own bankers – my reading of this is that just bailing DVML because it’s losing money would be illegal, they have to loan them money at a comparative rate to what they would get from the bank.

It’s an obvious target for a ratepayer’s injunction …..

The reason for this law is pretty obvious, the government wanted CCOs to compete with private enterprise on a level playing field – if DVML wants to rent out space it shouldn’t be able to undercut a competing landlord who can’t tap the ratepayers’ pockets to charge a rent below cost.

[ends]

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Dunedin City Council – Media Release 9 May 2014
Extra Funds Proposed for Stadium Debt Repayment

The Dunedin City Council will consider using savings to repay more debt associated with the Forsyth Barr Stadium. The Council will next week consider approving a one-off payment of $2.271 million to help balance the Forsyth Barr Stadium accounts. Of that, $1.77 million would be used to repay DVML debt, with the balance to fund a cash shortfall. The payment would be funded from DCC savings made in the current financial year. DCC Group Chief Financial Officer Grant McKenzie says, “A one-off payment to reduce debt further would be good for all parties and would clearly respond to community demand for the DCC to reduce its overall debt level.” Read more

Download the Forsyth Barr Stadium 2014/15 Budget Report (PDF, 200KB)

Media Stories:
9.5.14 ODT Stadium debt reduction to be considered
9.5.14 Stuff (Fairfax News) Stadium could cost Dunedin ratepayers millions
10.5.14 ODT Stadium payment may rise

Related Post and Comments:
9.5.14 DCC Draft Annual Plan 2014/15 Submission by Bev Butler
10.5.15 (via comment) ODT In Brief: Stadium review sought

Posted by Elizabeth Kerr

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HOTEL Town Hall… Another investment group, Daaave’s pals from the communist state?

ODT (via Channel 39) tells us that Dunedin City Council is discussing a proposal for another hotel in the city. This time, near the Town Hall.

For the Filleul Street/Moray Place car park site?

[ODT Link added 2.4.14] CBD may get new hotel

Together with the hotel project for 41 Wharf Street (Worstways), is Daaave intent on cutting off at the knees developer Geoff Thomson and the locally financed Distinction Dunedin Hotel? Oh probably.

Daaave’s that thick. And so is Staynes. Both men should not be in charge of this forsaken city. Staynes, will keep pumping the $20 million Dunedin airport runway extension. (The Chinese love investing in quiet ports and airports – why not sell them Dunedin Hospital too? And an aquarium where we can watch mermaids swim.)

If Worstways elected to piss off from the waterfront, the ‘Town Hall’ site or the Dowling Street carpark would count as sensible solutions for DCC to control height, townscape and cultural landscape.

City Property had better not be hocking off prime publicly-owned development sites to the overseas Horror Brigade. Of course they will, to meet the Council Debt CRISIS created by the criminal STADIUM build.

Or… City Property (in a new group guise) will do the hotel build and lease out to our ‘Mainland’ customers?

DUNEDIN IS UP FOR SALE by the IDIOT DCC which determinedly FAILS in business. Time and time again, while CLOSE MATES in the private sector accumulate wealth as they clip their tickets and pillage City Ratepayers and Residents.

Fail-proof DCC recipes for widening The GAP.

Exactly what you’d expect from the short-arsed mayor and his dumb-blond wine taster. Hospitality anyone? Nah, we’d rather go to Queenstown too.

****

Subsequent to writing the above HYSTERIA, this was found at the DCC website. BINGO. We are DEAD.

SELL OUT STATEMENT PROPER
[How to raise property prices beyond the reach of Dunedin people and all New Zealanders (see Auckland issues) – recent tweets from Sophie Barker have been promoting Chanel O’Brien. Both Economic Development Unit babes-in-the-woods are taxed with selling this city from beneath our feet. Check their CVs. Then think about who the EDU manager is.]

Do note, The Prospectus, joke, will be distributed WITHOUT being formally approved by the elected Council.

Dunedin City Council – Media Release
Promoting Investment in Dunedin

This item was published on 01 Apr 2014

An investment prospectus has been developed for Dunedin to provide valuable information for potential investors.

The prospectus is a generic, high-level “fishing “document which aims to elicit interest from businesspeople who are considering options to expand their businesses and ex-pats thinking of returning to New Zealand. It also encourages high net worth individuals/investors from New Zealand and offshore to seek further information about opportunities in Dunedin.

Co-ordinated by the Dunedin City Council’s Economic Development Unit, the investment prospectus aligns with projects under the umbrella of Dunedin’s Economic Development Strategy.

DCC Business Development Advisor Chanel O’Brien says work on the prospectus has been carried out in collaboration with the City Investment Panel, which is developing a cohesive approach to investment in the city under the strategic theme of ‘business vitality’.

“In addition, the document aligns to another strategic objective, ‘linkages beyond our borders’, proactively attracting more businesses and investment into the city.”

After consultation with businesses, support agencies, the tertiary sector and skilled migrants, the prospectus focuses on the key areas of health and education across the tertiary and business sector.

The internationally-recognised research capacity of the University of Otago, coupled with the market validation and product development capacity of the Otago Polytechnic, is a focus of the document, along with a wide selection of businesses that have started and grown in the city. Opportunities are noted in areas such as education and learning, health technologies, design technology and niche manufacturing.

Ms O’Brien says the 37-page prospectus also features information on access to markets, infrastructure, resources, the regulatory environment, and business culture and lifestyle.

The investment prospectus has been endorsed by the City Investment Panel. This is a collaborative group of economic development partners, including New Zealand Trade and Enterprise, which is committed to generating market confidence and trust in Dunedin as a prime location for investment. The Panel also includes representatives from all the partners driving Dunedin’s Economic Development Strategy – the DCC, Ngāi Tahu, the Otago Chamber of Commerce, the Otago Polytechnic, the Otago Southland Employers Association and the University of Otago.

To see a copy of the prospectus, visit
www.dunedin.govt.nz/services/business-support.

The prospectus will go to the DCC’s Economic Development Committee on 7 April, for noting.

Contact Business Development Advisor on 03 477 4000.

DCC Link

Posted by Elizabeth Kerr

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DCC: Final vote tally + St Clair boat ramp

Emperors new clothes [catherinewhite.files.wordpress.com] re-imaged 1

### ODT Online Fri, 18 Oct 2013
Final tally increases mayor’s vote margin
By Chris Morris
Dunedin Mayor Dave Cull extended his victory margin slightly when the Dunedin City Council’s final election results were released yesterday.
The figures, which added about 340 special votes not previously included, saw Mr Cull’s tally in the mayoral race rise by 158 votes, from 18,446 to 18,604. That meant his winning margin was extended by 113 votes, from 12,017 to 12,130, over nearest rivals Hilary Calvert (now with 6474 votes) and Cr Lee Vandervis (5872).
The final results saw small increases in the votes cast for all nine mayoral candidates, as well as the city’s 14 elected councillors.
Read more

Related Posts and Comments:
13.10.13 Pressuring Cull and his GD Party . . .
3.10.13 Exercise your right to VOTE
29.9.13 Alert: Dunedin voters —Mayors gain more powers

Council roading maintenance engineer Peter Standring said the first rock placement was included in the already documented $500,000 cost of immediately fixing [the] problem. The rocks placed this week cost about $60,000. Consultants hired by the council to look into the problem plan to report to the council next week, and may be required to do more work.

### ODT Online Fri, 18 Oct 2013
Start on Esplanade boat ramp close
By Debbie Porteous
The Dunedin City Council will begin building a temporary rescue boat launching ramp at the north end of the St Clair Beach sea wall next week, after this week dumping another 1000 tonnes of rock along the wall. The ramp is to run from the north end of the Esplanade down to the beach, and will be used by the St Clair Surf Lifesaving Club to get its inflatable rescue boats to the water. The club lost its original concrete ramp after the sea wall near the ramp was undermined and the fill behind the wall sucked out to sea earlier this year.
A consent application was lodged, but the ramp would be built at the same time as the application progressed, as it needed to be in place for the start of beach patrols at the end of this month.
Read more

Related Posts and Comments:
26.5.13 [bad news] St Clair seawall #FAIL
25.6.13 DCC Annual Plan 2013/14

Campbell Live 17.6.13 [screenshot 1a]Campbell Live 17.6.13 [screenshot 2a]Campbell Live 17.6.13 [screenshot view1]St Clair sea wall, Campbell Live (TV3) 17.6.13 [screenshots]

Posted by Elizabeth Kerr

*Image (top) – Emperors new clothes [catherinewhite.files.wordpress.com] re-imaged by whatifdunedin

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Exercise your right to VOTE

### ODT Online Thu, 3 Oct 2013
Alarm at low voter turnout
By Chris Morris
There are calls for online voting to be fast-tracked as Dunedin City Council voting returns slump towards a record low in this year’s local body elections. The idea was raised by Local Government New Zealand president Lawrence Yule as voter returns for the DCC election crawled to 11.7% by yesterday afternoon.
With 10 days until postal voting closes at noon on October 12, the figure is well down on the same point in the past two DCC elections.
In 2010, 21.12% of voters had responded by now, and in 2007, returns stood at 18.09%. In both cases, last-minute rushes saw returns reaching 52.96% (2010) and 47.47% (2007).
However, this year’s results were shaping as a record low, at least in recent memory, although another last-minute rush was possible, Dunedin electoral officer Pam Jordan said.
Mr Yule told the Otago Daily Times the returns to date in Dunedin were a ”worry” and underscored the need to move towards online voting.
Dunedin’s results appear to be at odds with most other local authorities across Otago, where returns to date are similar to the 2010 election.
Read more

Dunedin electoral information via the DCC website:
http://www.dunedin.govt.nz/your-council/electoral-information

DCC Candidates —Mayor, Councillors, Community Boards

ORC Candidates

SDHB Candidates

Posted by Elizabeth Kerr

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DCC: Council consolidated debt $623 million

If taken together, core council and stadium debt has increased $130 million, from $240 million to $370 million, during the past three years.

### ODT Online Thu, 26 Sep 2013
Varied stances on question of debt
By Chris Morris
Dunedin’s debt mountain is reaching new heights, but the Dunedin City Council says everything is under control. Reporter Chris Morris speaks to the city’s mayoral candidates about whether they would do anything differently. The eight men and one woman who want to be Dunedin’s next mayor are divided over debt. They are divided over the figures, divided over the plan and divided over what they would do differently.
Some have declared themselves happy with the Dunedin City Council’s approach to debt repayments. Others remain opposed, and have called for cost-cutting, more money from the council’s companies and even for assets to be sold, including Wall Street mall and Forsyth Barr Stadium. And, in the meantime, the debt mountain continues to climb towards a projected peak that is still two years away.

As it stands, the council’s consolidated debt – shared between the council, its companies and the stadium – has reached $623 million, council staff confirmed yesterday.

That was up $125 million since the start of incumbent Mayor Dave Cull’s term in mid-2010, albeit mostly – but not completely – as a result of spending on major capital projects agreed to by previous councils.
Within the debt mountain, core council debt – the bit ratepayers are directly responsible for servicing – stands at $225 million. That has actually gone down $15 million, from $240 million in 2010, but only because stadium debt – totalling $145 million – has been split from the core council debt tally, to become its own category, since 2010. Add the $253 million in debt held by Dunedin City Holdings Ltd and its subsidiaries – the council’s group of companies – and the total reaches $623 million.
Read more + Mayoral Candidate Views

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Mayoral candidates 2013Dunedin Mayoral Candidates 2013
Left to right, (top) Hilary Calvert, Dave Cull, Kevin Dwyer, (middle) Pete George, Aaron Hawkins, Olivier Lequeux, (bottom) Steve McGregor, Lee Vandervis, Andrew Whiley

DCC website — electoral information

Council Elections: STV Q&A – see Legal Beagle by Graeme Edgelar

Faces appearing – and disappearing – in all manner of places (ODT 26.9.13)

Vote

### ODT Online Thu, 26 Sep 2013
Editorial: Rights and responsibilities
While the eyes of some people glaze over at the mention of local body elections, the fact is they offer the biggest opportunity for the average citizen to influence the direction of their community for the next three years – and often much further into the future.
Postal voting papers should now have been delivered to households, and voters have until Saturday, October 12, to make decisions about who they want to represent them as mayor, on city or district councils, community boards, licensing trusts, regional councils and health boards.
The choices we make in these local body elections will affect us, and others in our community. They influence everything from the health services we receive, to roading, water and sewerage infrastructure, social, cultural and sporting and recreational amenities, and planning and development. There are services we take for granted, those we believe are fundamental to our lives, those we bemoan the lack of, and inefficiencies we believe frustrating or unnecessary.
The choices should not be made lightly. Voters are encouraged to carefully read their supplied candidate and voting information and as much other material as they can source in order to make informed decisions about those who will then be expected to make educated decisions on behalf of us.
Read more

Posted by Elizabeth Kerr

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