North Canterbury News: March 21, 2024

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Let’stalk. about the draft LongTermPlan 2024/34 We’reseeking your feedback on severaltopicsinthisLTP. These focusoncontinuinghighlevelsofservice forour growingcommunity. Specifically theCouncil is asking forfeedback on: 1. How we’ll prioritise the natural environment 2. Building the right facilities atthe right time 3. Extension ofthe Trevor Inch Memorial Rangiora Library 4. Funding flood resilience and improvements 5. Rangiora Eastern Link road. WE OPEN FORSUBMISSIONSON15MARCH HAVE YOUR SAYBEFORE 15 APRIL 2024. waimakariri.govt.nz/letstalk Want to learnmore? Come alongtoone of ourdrop-ins: • Rangiora Council Chambers .............................................................. Tuesday26March 4pm–6pm • Woodend Community Centre ............................................................Wednesday3April 4pm–6pm • Oxford Town Hall A&P Room ................................................................... Monday 8April 4pm–6pm • Kaiapoi Ruataniwha/Kaiapoi Library Thursday 11 Apri 5pm–7pm • Mandeville Ohoka Domain Pavilion ......................................................Thursday 11 April 7pm–9pm
North Canterbury News, March 21, 2024 Stadium looks to secure financialfuture By DAVID HILL Local Democracy Reporter Rangiora’s Mainpower Stadium is attracting 35,000 visitors amonth, as it looks to secure its financial future. The Waimakariri District Council is looking to change its agreement with the North Canterbury Sport and Recreation Trust by paying it $100,000 ayear to manage the facilities on Coldstream Road. Under the new agreement, the council will pay the trust to manage the indoor courts, administration area and function room on behalf of the community. The fitness centre and cafe, and rooms hired to Allied Health, will remain subject to alease agreement. The funding proposal is being considered as part of the council’s 2024/34 Long Term Plan. The $28 million stadium opened in August 2021, in the middle of the Covid19 pandemic, and it has been atough first 2.5 years, trust general manager Michael Sharp said. ‘‘We opened the stadium and then we went into lockdown 10 days later and when we came back it was to ahighly restricted environment, which made it difficult to get people through the door. ‘‘But now we’re seeing 35,000 visitors a month. Some of that is gym members and spectators,but it is definitely about people being active which is why we are here.’’ While professional sports teams like the Crusaders and the Tactix pay full commercial rates to use the facilities,the trust tries to make it affordable for the community, Mr Sharp said. The council’s community and recreation general manager, Chris Brown, said the financial challenges were not unexpected. ‘‘We know that sports courts don’t make money and that is why ratepayers put in money to have those facilities,’’ Mr Brown said. ‘‘We have worked very closely with the trust, and we realised it wasn’t going to be sustainable long term, so we have looked at solutions.’’ The trust manages four fitness centres in Southbrook (Rangiora), Kaiapoi, Oxford and Amberley, as well as MainPower Stadium, with the proceeds funding its community programmes, including sport in schools and support for new coaches. It is also continuing to offer the Green Prescription programme, which was previously funded by the Ministry of Health. ‘‘The trust has picked it up and funded it because we can see the value to the community and it makes areal difference to those who use it,’’ Mr Sharp said. When MainPower Stadium opened, trust chairperson Don Robertson announced the intention to build anew facility in Kaiapoi to replace the trust’s fitness centre, which is attached to the Kaiapoi Club. ‘‘Nothing is set in concrete yet, but we would like to have acommunity facility which offers arange of opportunities,’’ Mr Sharp said. In the meantime the trust is working closely with the Kaiapoi Club, holding ‘‘silver fitness’’ classes in the upstairs bar, 21 Community courts. .. North Canterbury Sport and Recreation Trust general manager Michael Sharp says the sports courts at MainPower Stadium are well used by the community. PHOTO: DAVID HILL as well as leasing the fitness centre building. LDR is local body journalism cofunded by RNZ and NZ On Air. Unlocking investment opportunities in commercial real estate using ESGframeworkstodeliver sustainablereturns. More than two-thirds of New Zealanders prefer theirmoney to be invested ethically and responsibly*. While many recognisethe stable, long-termreturns commercial property investment can provide, noteveryonerealises its potentialtopositively impact the environment, making it appealing to investorsseekingbenefitsbeyondprofit. With adiversecommercialportfolio of premiumoffice,industrialand retail assets valued at approximately$1.9 billion, Oyster Property Groupisone of NewZealand’sleading unlisted commercialpropertyfundmanagers, well-positioned to make adifference by shapingmoresustainable cities in New Zealand. ESGisanintegralpartofOyster’s strategy.Its sustainabilityplan is designed to create long-termvalue for itsstakeholdersthrough sustainable growth andbytakingsteps to reduce both itsown carbon footprintand that of itstenants. FabioPagano, Oyster’s General Manager-Property, says they are seeing increaseddemandfromtenants forlandlords who’ll collaborate with them to achievetheir sustainability goals. “New Zealand’slargest companiesare nowrequiredtomakeclimate-related disclosuresacrosstheir operations, andmanyorganisations mandate sustainabilitycredentials as part of their leasingand procurementpolicies. “Ensuringour assets contribute to a more sustainableNew Zealandisnot only environmentally responsible, it unlocksvalue for tenantsand investors.” Oyster’s ESGcommitmentisclear: 19 of itsoffice properties achieved 4-star or higher NABERSNZ ratings. “Weunderstand theinfluence we can have by prioritising ESGtomake ourbusinesseconomically robust andsocially andenvironmentally responsible,”Fabio explains. “Installing smart meters across our portfolio improves monitoring of electricityand waterconsumption, reducing costsfor ourtenants andlifting valuefor ourinvestors. “HavingpartneredwithEcotricity, New Zealand’sfirst andonlyToitu climate positive certifiedelectricity provider, we nowsupply100% renewableelectricity to most of ourtenants.” Advertorial Last August,OysterManagement Limitedbecame ToituEnvirocare “carbonreduce” certified, establishing a baselinefor carbon emissionsreduction. Oyster’s ESGstrategylaysout clear, attainable goals,establishing it as apreferred landlordand assuring investorsthattheir investment contributestoasustainablefuture. *Source: ArecentFinancial Markets Authoritysurvey. Scanthe QR code or visit www.oysterproperty.co.nz/sustainability to read ourlatestsustainability report. 2605347b
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North Canterbury News: March 21, 2024

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