Licensing Trust to vote on forgiving loans of $2.8 million
The Mt Wellington Licensing Trust scheduled meeting on September 28th was cancelled at approximately 7:10pm, when the public, which arrived at 6:15pm, were informed by a trustee, “the licensing trust was not set up for the public to attend this meeting so the meeting was cancelled”.
Now a closed online extraordinary meeting has been called with voting closing on Friday October 7th at 5pm, less than 24 hour before the Local Board Elections closes.
Check out the image Agenda item 3.3 and 3.4 - the forgiving of $ 2,860,218 Licensing Trust loans to the Trust Hotels.
This means the Trust Hotels, who run the Waipuna Hotel and Panmure Historic Hotel will not have to repay back these loans. Yes they disappear!!
Another great example of the current Licensing Trust disregard of this community’s democratic rights and the lack of transparency of what is happening.
Vote for the United Local for the Mount Wellington Licensing Trust
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