Tuesday 16 July 2019

Waterfront:


$100m key for waterfront



Steamer Basin. Photo: Gerard O'Brien
Steamer Basin. Photo: Gerard O'Brien 

.........The Otago Daily Times has previously reported only that the city was seeking a major allocation from the fund, understood to be $50 million or more.
Former city councillor Hilary Calvert, in a column published earlier this year, had suggested the "eye-watering" sum being sought could be twice that amount, at $100 million, but the parties involved have refused to confirm exact figures.
But, posting on social media in recent days, Cr Lee Vandervis may have inadvertently confirmed the figure - until now discussed only behind closed doors - was $100million.
In a post discussing the council's planned investment in a pedestrian and cyclist bridge to the waterfront, he said spending on the bridge was a "prerequisite for $100 million of Provincial Growth funding".
Cr Vandervis' post was removed yesterday, but came just weeks after councillors received an update on the waterfront project during the non-public part of last month's full council meeting.......

.........Damien van Brandenburg and Dunedin businessman Ian Taylor, the men who first fronted the waterfront development vision, also had no comment yesterday.

Full article  https://www.odt.co.nz/news/dunedin/100m-key-waterfront

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