The Alexandra Plunket building is to be sold.
The Central Otago District Council has ratified a decision of
the Vincent Community board made in December to release the
society from its lease and sell the building.
The 60-year old Skird St building is council-owned and the
10-year lease to Plunket is due to expire in 2018.
The society wanted out of the lease so it could move into the
recently opened Alexandra Community House.
The building had continuing problems with a leaky roof and
the board had decided not to do capital improvements as that
would trigger the council's earthquake prone building policy.
It had already been identified as potentially earthquake
prone and if any improvements were to go ahead, it would need
a detailed engineer's assessment and possibly upgrades
depending on the results of that assessment. When sold, the
society would receive a share of the proceeds based on an
initial 21% contribution to the building costs.
The land is zoned business in the Central Otago District
Plan. The rateable value is $185,000, of which $51,900 is the
value of the building.