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23 Apr 2024 20:11
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  •   Home > News > Local Politics

    Despite a last-effort push to cancel Wellington's controversial cinema plan -- the deal will still go ahead

    Despite a last-effort push to cancel Wellington's controversial cinema plan -- the deal will still go ahead


    Wellington City Council has today voted to continue on with its Reading Cinema bail out.

    The council plans to buy the land under the site for 32 million dollars, to be fixed up, quake strengthened, and sold back to the cinema company.

    Nine councillors supported the deal, and seven opposed it.

    Councillor Iona Pannett calls the plan 'corporate welfare.'

    She says they're essentially being asked to sell the family silver to deal with the company's failure - adding there's nothing sacred about that particular cinema.

    © 2024 Newstalk ZB, NZCity

     Other Local Politics News
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     10 Apr: The West Coast's gearing up to face the worst of its poor weather today
     07 Apr: Auckland's Mayor has delivered a more than half a million dollar boost to safety in the central city
     04 Apr: Calls for a rethink to local government, from the woman charged with running our fifth largest city
     28 Mar: Local councils are being challenged to back up rising debt with infrastructure revenue
     27 Mar: Mayoral support - as Wayne Brown asks the Government for a super-sized payment
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