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Rate payers stuck with Dunedin stadium costs

Author
Lawrence Hakiwai,
Publish Date
Fri, 21 Nov 2014, 1:15PM

Rate payers stuck with Dunedin stadium costs

Author
Lawrence Hakiwai,
Publish Date
Fri, 21 Nov 2014, 1:15PM

Dunedin's Mayor says rate payers were always going to have to foot some of the stadium bill.

Forrsyth Barr Stadium is under fire again after an internal report recommended Dunedin City Council take on its $30 million debt.

Now it seems ratepayers will be playing their part - needing to pay $1.8 million a year to keep it going.

Dunedin Mayor Dave Cull says this has been on the cards since the beginning.

He says it's too late to get private investors on board.

 

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