Stuff reports John Key as laying out the choices for Canterbury:
- Council borrows money for infrastructure projects
- Council raises rates for infrastructure projects
- Council changes its asset mix to fund infrastructure projects
- They don’t proceed with or downsize some of the infrastructure projects
My preference is (3) but it is a decision for the locals. If residents don’t want a new stadium, then absolutely that is their call. Likewise if they want one, but are happy with higher rates, then also their call.