The choices for Canterbury

Stuff reports John Key as laying out the choices for Canterbury:

  1. Council borrows money for infrastructure projects
  2. Council raises rates for infrastructure projects
  3. Council changes its asset mix to fund infrastructure projects
  4. 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.

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