statement of proposal property review - Palmerston North City Council
statement of proposal property review - Palmerston North City Council
statement of proposal property review - Palmerston North City Council
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PALMERSTON NORTH CITY COUNCIL<br />
2. Ruapehu Drive Reserve – 600 sq <strong>of</strong><br />
<strong>Council</strong> intends to form a walkway connection into the Titoki Walkway<br />
which is currently being constructed from Cliff Road to Cashmere<br />
Drive. However it does not require an entire section to complete this<br />
link. Two to three metres wide walkway linkages are common in similar<br />
circumstances.<br />
The walkway connection would be retained on the southern side <strong>of</strong> the<br />
<strong>property</strong> under the existing power poles.<br />
Reserve under the Reserves Act?<br />
<br />
Yes<br />
Net proceeds would be used to acquire or develop other reserves.<br />
Future walkway<br />
Option One: Sell the land<br />
Costs: Subdivision and sale $10,000<br />
Benefits: Estimated value $150,000<br />
Some small mowing savings.<br />
Proposed sale<br />
Option Two: Retain the land<br />
Costs: Opportunity cost for use <strong>of</strong> net proceeds $140,000<br />
Some minor maintenance costs.<br />
Benefits: Some minor biodiversity benefits.<br />
Local amenity benefits for neighbouring properties.<br />
Other:<br />
Resource consent including specific geotechnical engineering design <strong>of</strong> any house built on the site required.<br />
DMS# 969036
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