Go back to ba­sics

Kapi-Mana News - - OPINION -


If some­thing isn’t work­ing, stop and change di­rec­tion.

We have been spend­ing more than $500,000 a year (well over that if you in­clude sis­ter city vis­its), try­ing to at­tract new busi­nesses, in­vestors and res­i­dents to Porirua. How suc­cess­ful has that been?

So suc­cess­ful, coun­cil has been un­able to find any­one to fund their ‘think big’ city cen­tre re-de­vel­op­ment, ex­cept ratepay­ers. Ob­vi­ously it doesn’t stack up fi­nan­cially, oth­er­wise pro­fes­sional prop­erty in­vestors and fi­nanciers would be beat­ing a path to our door. So bor­row the money, and get those who love the city (ex­ist­ing res­i­dents), to meet the in­ter­est and re­pay­ments. Deal done.

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