Athenaeum Withdrawn From Market
Dunedin, 13 September 2012 – The Athenaeum has been withdrawn from the market to give Dunedin City Councillors time to
fully consider its future.
The Octagon building had been advertised for sale, but the Dunedin City Council today withdrew the property from the
market.
Council Chief Executive Paul Orders says the Property Subcommittee had agreed in April that a report be prepared on the
strategic options around the Athenaeum, but this had not occurred. Consequently, there is no formal resolution from the
Council to sell the building.
Staff are preparing a report on strategic options around the Athenaeum.
Once Councillors have had time to consider the report, the intention at this stage is to call an extraordinary meeting
to discuss the building’s future.
Mr Orders says it is important to ensure Councillors have an opportunity to fully consider the options, in line with the
resolution passed previously.
ENDS