https://www.stuff.co.nz/a/nz-news/35...ng-sold-dollar
Council wants $25 million for building sold for a dollar
A High Court judge has rejected Tauranga City Council’s bid to recoup $25million over a failed car park building that the council sold for a dollar when serious defects were discovered.
The parking building on Harrington St was part of a plan by a previous council, to revitalise the city centre. It was set to be a transport hub for 550 cars and 250 bicycles in the CBD.
It wasn’t until construction had started that serious defects were discovered including thin foundations that would need reinforcing, as well as weaknesses in the floor, column and bracing in the building. At that stage council had already sunk $20m into the project.
What a colossal Pluck up from this Administrator lead Local Body Shambles ... and look where their deviousness landed them
"We sell stuffed Development to Lead Contractor for a buck, then turn around and try to sue their backsides off"
No wonder the "Tauranga CC Govt Administrators Lead Shambles" got parking-lotted over their antics ..
Some might be asking - Are they a trustworthy bunch after reading the article
What do the good folk of Taurange think of their Local Council's antics on this one ?
Presumably one way or another the poor captive Tauranga Ratepayers & other unfortunate peasants holed up in the BOP will wind up getting shafted for the chapters of incompetence & losses arising one way or another
Reply With Quote
Bookmarks