Scoop has an Ethical Paywall
Licence needed for work use Learn More

Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Marine Precinct Sale Process Paused

Mayor Mahé Drysdale has advised that Tauranga City Council was served with judicial review proceedings last night relating to the Marine Precinct transaction. The proceedings raise concerns about the Council’s processes. Injunction proceedings were filed at the same time.

The Council is currently assessing the documents to understand the nature of the claim.

In the meantime, the High Court granted an interim injunction at 8.20pm last night (21 November), which prevents the sale from being completed today.

Mayor Drysdale says the Council has requested information and legal advice. “This is of significant importance to our city and the Council will meet promptly to consider this matter, after it has had an opportunity to assess the claim and its advice.”

The Council will meet at 1pm on Monday to discuss possible next steps. Given the sensitive legal and commercial nature of the information and advice to be considered, the meeting will not be open to the public.

The Council is not in a position to make any further comments in relation to the Marine Precinct sale at this time, as the matter is before the court.

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.