It makes sense to put any extra savings into cutting debt
as quickly as possible, writes Peter McIntyre, the president
of the Otago Chamber of Commerce in an open letter to the
Dunedin City Council.
The Dunedin City Council held its last public meeting over
its draft annual plan yesterday, with less than a week
remaining for people to make submissions on the plan.
The Dunedin City Council's hearings committee is still
considering whether more information is needed before it can
decide the fate of a proposed $100 million waterfront hotel.
The Dunedin City Council has been warned that if it grants
consent for more residential development on the lower and
middle slopes of Saddle Hill, the rest of the hill will soon
follow.
The Dunedin City Council's hearings committee considering the
fate of the proposed $100 million waterfront hotel will meet
today to decide whether further information is required.