Auckland City 9.7% rates rise approved
Auckland City Council made its way today through the combined committees debate required as a nicety before a 9.7% rate rise is imposed.
Monday, July 4th 2005, 7:22AM
by The Landlord
Action Hobson councillor Christine Caughey was absent, sick, mayor Dick Hubbard voted with the City Vision & Labour majority and the outcome was a 10-8 vote on most points.The majority accepted some changes from Citizens & Ratepayers Now councillor Douglas Armstrong on the wording of resolutions to deal with the $73 million Civic underground carpark roof repairs & Aotea Square upgrade, of which $6.4 million will be allocated in the June 2006 financial year.
Targeted rates were pushed through and the majority led by deputy mayor Bruce Hucker got the 10-8 margin needed to allocate $1 million to pursuing partnerships or joint ventures for affordable housing – the most contentious issue because in the previous council term the council sold its housing to the Government as it cleared the decks of debt.
Read More - Opens in a new window
| « Property investors refocus on cash flow | Free Investment Property Showcase Events: Auckland, Wellington and Christchurch » |
Special Offers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
