INDEPENDENT NEWS

Council returns cheque

Published: Mon 9 Jun 2014 11:35 AM
Council returns cheque
Auckland Council is returning a $7.5 million deposit cheque to Tournament Parking.
Council received the cheque on Friday in an unsolicited offer from Tournament Parking to buy the Downtown Carpark for $75 million.
Auckland Council Chief Executive, Stephen Town, said the cheque was being returned as council has not made any decision about selling the carpark ahead of developing its Long-term Plan.
“The carpark is not currently for sale. If there is to be any divestment of parking assets, a proposal to do so would be included in the Long-term Plan for public consultation,” said Mr Town.
Ends

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