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25 Nov 2020 6:28
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  •   Home > News > Local Politics

    Christchurch's former mayor is welcoming the Government's plan to hand over the city's assets following the earthquakes

    Christchurch's former mayor is welcoming the Government's plan to hand over the city's assets following the earthquakes



    The Global Settlement proposes the Crown retains ownership of the Convention Centre.

    The council would own the Metro Sports facility, arts precinct and residential red zone.

    Sir Bob Parker was mayor during the earthquakes.

    He says at first glance, the settlement vindicates the principles and intentions of the original cost share agreement.

    Parker says ratepayers won't be underwriting the convention centre operating costs, which there'd been concern over.

    © 2020 Newstalk ZB, NZCity


     Other Local Politics News
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     12 Nov: After years of debate, Wellington's controversial Shelly Bay development has been given a crucial green light
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