The Herald reports:
The cost of cladding repairs at Auckland Council’s Albert St headquarters has blown out from $4 million to an estimated $31m, according to a confidential report.
The huge bill for essential repairs to heavy granite slabs on the 31-storey building will be discussed by councillors behind closed doors on Tuesday.
You can understand cost blow-outs of 10% or even 20%. But Auckland Council seem to specialise in cost blowouts in the hundreds of percents.
Just whack rates up another 9.9% to cover it all!