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.
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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81.9% Yes
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15.3% No
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2.7% Other - I'll share below
Christmas in the Park - Free event
When - Saturday, 30 November 2024 - 7.30pm to 10pm
Where - Entertainment Triangle, North Hagley Park
See link under 'Read More' for full details
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