10 Mar 2015

Christchurch Council votes on assets

6:58 pm on 10 March 2015

The Christchurch City Council has voted to remove several assets from its strategic assets list, paving the way for them to be partially, or wholly, sold off in the future.

Lianne Dalziel

Lianne Dalziel Photo: Christchurch City Council

Addington Arena, Lancaster Park, council-owned carparking buildings and the city's sharehold of events company VBase have all gone from the list.

Mayor Lianne Dalziel said that made their potential sale easier, but no decisions had been made.

"Do we really want to go through a fully audited amendment process in order to resolve an issue that might, you know, arise.

"We're not making a decision to sell it, the question is, should it be on the strategic asset list, which has a very specific audited process to change it?"

Ms Dalziel said public consultation on the city's long-term plan would start next Monday.

Christchurch City Council also voted on its financial strategy, which included a proposed rates rise of 28 percent over the next four years.

Get the new RNZ app

for ad-free news and current affairs