Consolidate heritage funds

Money to help spark private investment in Dunedin heritage buildings could be consolidated and grown to one $670,000 funding pool.

Dunedin has four funds at the moment, providing grants and rates relief to promote redevelopment of heritage stock.

A report in the draft 10-year plan from community and planning group manager Nicola Pinfold said the work helped increase the rates gathered from redeveloped buildings.

The buildings provided space for start-up and existing businesses to expand, and were "a key driver for tourism and local identity''.

The report gave three options, adding $200,000 to bring it to $670,000, adding $100,000 or no extra funding.

All options recommended consolidating the four funds into one Dunedin Heritage Fund.

 

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