No rates for Sky City

The Herald reports:

Auckland mayor says the council will not put any ratepayer cash into building or an .

He told the Weekend Herald yesterday that there would be no money for the SkyCity convention centre in a new 10-year budget.

On this issue I am with the Mayor. City has got their regulatory concessions in return for building a convention centre for $405 million. If they say they now can't do it for that, then it is better to not have it happen, than have ratepayers or taxpayers subsidise it.

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