Am Cup costs ap­proved

Taranaki Daily News - - National News -

The green light has been given for con­struc­tion of an Amer­ica’s Cup vil­lage, with Auck­land coun­cil­lors yes­ter­day ap­prov­ing the coun­cil’s share of a $29 mil­lion cost in­crease. Some coun­cil­lors op­posed or were un­happy with the ex­tra $14.5m needed from ratepay­ers and in­sisted it be taken from other city cen­tre plans. Had coun­cil­lors re­jected the ex­tra fund­ing, the Gov­ern­ment’s share would also have lapsed, halt­ing prepa­ra­tions to start build­ing the base ar­eas. The Cup Vil­lage project will cost $152m to build, cre­at­ing eight bases across Wyn­yard Wharf, the Viaduct Events Cen­tre and an ex­tended Hob­son Wharf. The first teams are ex­pected to be set up in Auck­land for the sum­mer of 2019/20.

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