News | Politics
29 Mar 2024 14:39
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Politics

    The investment case for Christchurch's multi-use arena is before the City Council today

    The investment case for Christchurch's multi-use arena is before the City Council today


    It says to be competitive and attract international and national events, the arena would need a roof, a minimum 25-thousand seats, a fixed rectangular turf and high quality acoustics.

    It's projecting the arena would cost almost 475 million dollars to build.

    The council has allocated 253-million towards the project, with the Crown signalling it would contribute 220-million.

    The net operating cost is anticipated to be 4.2 million dollars per year, with the Council providing 4.1 million from its Long Term Plan.

    If the arena doesn't proceed, rates savings of about 2.9 per cent could be made.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     29 Mar: Another pay offer is on the table for Police - after union members labelled the last one insulting
     28 Mar: The Secondary Principals Association believes the community should get behind schools and students to help reduce bad behaviour
     28 Mar: Victorian Premier Jacinta Allan says government will roll out tobacco shop licensing by end of year
     28 Mar: Local councils are being challenged to back up rising debt with infrastructure revenue
     28 Mar: Tax havens and worker exploitation: Baltimore bridge disaster gives glimpse into 'murky world' of shipping
     28 Mar: Cabinet has halted work on plans to make the Kermadec Ocean area, a sanctuary
     28 Mar: Fiji PM orders Chinese police out of country, saying no need for them in Pacific police force
     Top Stories

    RUGBY RUGBY
    The defending champion Matatu are unable to make the Super Rugby Aupiki final, but they're eager to finish the season on a high More...


    BUSINESS BUSINESS
    Innovative New Zealand apple producing company Rockit is focussing on its international expansion More...



     Today's News

    Rugby:
    The defending champion Matatu are unable to make the Super Rugby Aupiki final, but they're eager to finish the season on a high 14:27

    Entertainment:
    Renee Rapp has blasted "witches" who refuse to accept her evolving understanding of her own sexuality 14:23

    Golf:
    Top New Zealand golfer Lydia Ko has had a solid opening round at the latest LPGA Tournament in Arizona 14:07

    Cricket:
    The White Ferns are struggling to post a competitive score in the 5th T20 clash against England in Wellington 14:07

    Entertainment:
    Christina Applegate regrets lying about how she felt during her battle with breast cancer 13:53

    Entertainment:
    Meghan, Duchess of Sussex is reportedly aiming to make cash selling dog treats and chicken feed 13:23

    Law and Order:
    A scene examination is underway, following the death of a man after an incident yesterday, at a restaurant in Auckland's Browns Bay 13:07

    Entertainment:
    Pregnant mum-of-one Ashley Tisdale has admitted she vowed never to have a second baby 12:53

    Soccer:
    An 11th-hour broadcast replacement has saved the blushes of administrators in football's A-Leagues 12:27

    Entertainment:
    Kelly Clarkson is reportedly happy and has no regrets about ending her marriage to Brandon Blackstock 12:23


     News Search






    Power Search


    © 2024 New Zealand City Ltd