Coun­cil debt

Matamata Chronicle - - News/opinion -

On last week’s Chron­i­cle front page we learn that for just one project the coun­cil bor­rowed $35.7 mil­lion, which of course the ratepay­ers must pay off (plus in­ter­est).

We also have an­other megabuck project with the wa­ter pipes.

These will take years to clear the debt and I don’t see why we should fur­ther be in­debted with an events cen­tre for Te Aroha.

Mr Mayor, please tell Te Aroha its wants of gon­do­las and other wish lists is for Santa Claus, not the ratepay­ers who are al­ready bur­dened.

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