INDEPENDENT NEWS

Publication of Draft Residential Red Zone Offer

Published: Tue 26 May 2015 02:37 PM
Deadline for Publication of Draft Residential Red Zone Offer Recovery Plan Extended
The deadline for the Chief Executive of CERA to make public his proposals on Crown offers to buy vacant, commercial and uninsured improved properties in the residential red zones has been extended.
“I know news of this delay is going to be disappointing for people waiting for a decision,” says CERA Acting Chief Executive, John Ombler.
“More than 800 submissions were received, coupled with their complexity means I need more time to consider all the issues and give due consideration to the public’s feedback.”
“This means I am unable to provide the public, and the Minister, with the Draft Residential Red Zone Offer Recovery Plan in the timeframes I had hoped.”
The Minister for Canterbury Earthquake Recovery is expected to make his decision on the Chief Executive’s Draft Recovery Plan by 31 July 2015.
“I remain committed to streamlining this process so that affected property owners will know the outcome as soon as possible. We are working hard to get the draft recovery plan out soon and providing sufficient time for everyone to provide comment,” Mr Ombler says.
ends

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