In­fra­struc­ture re­pair cov­ered

Northern Outlook - - WHAT’S ON - EMMA DANGER­FIELD

Ratepay­ers in the Hurunui district will not be over­bur­dened by the cost of in­fra­struc­ture re­pairs thanks to ad­e­quate in­sur­ance pro­vi­sions put in place by the coun­cil.

A re­port to the coun­cil this week pro­vided an up­date on the as­sess­ment of dam­age caused by the Novem­ber 14 earth­quake and the re­sult­ing in­sur­ance claims. In­fra­struc­ture Ser­vices Man­ager David Edge said the ex­tent of dam­age to above-ground as­sets had now been fully de­ter­mined. The re­port con­tained de­tails of 21 as­sets found to have been dam­aged to some ex­tent in the earth­quake.

It was for­tu­nate the coun­cil had made pro­vi­sion for an event such as Novem­ber’s quake through in­sur­ance and nat­u­ral event cover, which had largely mit­i­gated the full fi­nan­cial bur­den of the dam­age be­ing placed on ratepay­ers, he said.

‘‘These above-ground as­sets were in­sured at the 2015 as­set val­u­a­tion, us­ing the best in­for­ma­tion avail­able about the util­ity as­sets at that time.’’

The es­ti­mated dam­age was $1.2 mil­lion with an in­sured cover value of $840,000. The coun­cil’s ex­cess on the in­sured cover was cal­cu­lated to be $360,000 of over­all re­pair costs, Edge said. The re­port also con­tained an up­date on the on­go­ing as­sess­ment of be­low­ground in­fra­struc­ture, with re­me­dial works on those as­sets to­talling $990,000.

Forty per cent of in­sured be­low-ground as­sets were cov­ered through the Lo­cal Au­thor­ity Pro­tec­tion Pro­gramme, and the re­main­ing 60 per cent by The Depart­ment of the Prime Min­is­ter and Cab­i­net (DPMC), with a $400,000 coun­cil ex­cess against each sep­a­rate event claim. The fi­nal be­low-ground in­fra­struc­ture claim has a tar­geted date for fi­nal sub­mis­sion of Jan­uary 2018.

Mayor Win­ton Dal­ley said the coun­cil had done all it could to as­sess the dam­age to its in­fra­struc­ture. The re­port was an im­por­tant step to­wards pro­gress­ing the sub­se­quent in­sur­ance claims.

‘‘This was a sig­nif­i­cant event for our district which we are still re­cov­er­ing from and it is good to see that ratepay­ers will not bear the ma­jor­ity of the re­pair cost for key in­fra­struc­ture, due to the pru­dent use of in­sur­ance.

‘‘Our thoughts con­tinue to be with those pro­gress­ing their own res­i­den­tial in­sur­ance claims as we move for­ward post-earth­quake as a district.’’

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