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.
New Year, New Questions You Won’t Solve!
I get smaller every time I take a bath.
What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles 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.
Clothesline upgrade
Turn a tired old clothesline into a stylish garden feature that brings joy to the chore of getting your washing out in the sun. Finish in Resene Waterborne Woodsman Crowshead. Find out how to create your own with these easy step by step instructions.
Explore more, worry less at Ryman
Pack your bags, hit the open road, or set sail on your next big adventure. With Ryman’s lock-and-leave-style living, you’re free to explore without worrying about home maintenance or security.
While you’re off enjoying life, we’ll take care of everything back home – from mowing the lawns to watering the garden, pulling weeds, and even cleaning the windows.
Ryman residents are free to embrace adventure because they're not tied down with home maintenance stress and security worries. They're rediscovering lost passions and plunging headfirst into new ones whenever they feel like it.
Click find out more to discover the lifestyle.
Loading…
