Regional leaders non-committal over helping pay $150m 'funding gap' for Christchurch stadium
Canterbury's regional leaders remain guarded and non-committal about whether they will help pay the rising costs of a central Christchurch stadium, with many saying such a decision would require public consultation.
Building the 30,000-seat covered stadium will now cost up to $683 million – $150m more than the $533m budget.
If Christchurch city councillors push on with the current design, they will have to underwrite an extra $150m, taking their total contribution to $453m.
Some city councillors say it is time for neighbouring councils to offer a helping hand.
The stadium would be a regional facility and its economic benefits would go beyond Christchurch, a council spokesperson said.
Other Canterbury councils have been contacted about the latest cost blowout and the city council intends to hold further discussions before making a formal proposal, the spokesperson said.
One mooted method is a regional targeted rate, which could be administered by Environment Canterbury.
Read more here and tell us what you think in the comments below.
🎭 Tricky, Twisty, and Totally Fun—Let’s Riddle! 🤹♂️
I bring people together, though I’m not alive;
I’m small but vital, helping communities thrive;
I’m often green, sometimes blue or red—
without me, connections might be dead—
What am I?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Poll: Is your nearest emergency department up to scratch?
Concerns have been raised about Nelson Hospital with complaints of lack of staffing and excessive wait times. Do you have confidence in your local emergency department?
-
36.7% Yes, it serves us well
-
62.6% No, I have concerns
-
0.7% Other - I'll share below
Show us your projects
Whether it's craft, haberdashery, woodwork or upcycling, we'd love to see what you've been working on lately.
You may even spark someone else's creativity...
Tell us about your current project or show us a picture in the comments below...
Loading…
