EWR Note:
Public Private Partnerships “…the players with the most money control the partnership…. the bottom line of Public Private Partnerships is to take control of the assets of Government”… Joan Veon
Watch Joan Veon’s video explaining this at the link.
From the NZ Herald
Horowhenua District Council is preparing to possibly sell off large amounts of council property or shift it into an independent trust.
A proposed work programme has a project to be developed before July to sell property or transfer it to a yet-to-be-established economic development trust. The trust would be independent of HDC.
The work programme comes as part of an HDC report released last week that proposes establishing the trust. The trust’s creation is likely to be ratified by HDC next week
According to the report, from HDC’s economic development manager Shanon Grainger, HDC should only hold property required to deliver core services.
That report follows another from Mr Grainger in July saying HDC owned 40 percent too much property and should look to sell.
Excess property would fund the trust, HDC has said. It saw the trust as a move to boost the district’s economic performance.
The trust would look at setting up public private partnerships using private money and HDC assets transferred into the trust.
Last week’s report said the trust would invest mostly in areas where the market had not. It gave a truck park facility as an example.
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