A significant increase in the capital value of council-owned
water, wastewater and sewerage infrastructure - in one case
more than 50% - will result in a 1.1% increase in rates for
those services, the Dunedin City Council says.
The Dunedin City Council could be facing a claim through the
courts for a "sizeable" six-figure settlement, following
allegations it erred in signing off on a half-million dollar
leaky home in Dunedin.
The effects of
servicing the debt being raised to pay for the Forsyth Barr
Stadium is beginning to bite, with warnings Dunedin City
Council-owned companies may struggle to take advantage of
business opportunities that come their way.