INDEPENDENT NEWS

Council seals Bus Depot deal worth over $7 million

Published: Fri 26 Nov 1999 11:24 AM
Media Release 26 November 1999
Council seals Bus Depot deal worth over $7 million
Wellington City Council has decided to appoint the joint bid from Stagecoach NZ and Ryman Healthcare as preferred tenderer for the Kilbirnie Bus Depot, a deal worth over $7 million.
The Council's acceptance of the Stagecoach/Ryman tender for the Kilbirnie Bus Depot site not only returns to the City $7 million (well in excess of the site's $4.4 million Government Valuation), but also protects Wellington's current public transport needs, and means new jobs and increased business for Kilbirnie.
"The tendering process has delivered a huge amount of value to Kilbirnie and to Wellington," says Mayor Blumsky.
"The Stagecoach/Ryman deal will provide accommodation for 178 buses and a brand-new, high-quality retirement complex built by an experienced developer that will house up to 305 residents. This will bring 85 new jobs into Kilbirnie and up to 305 new patrons for local businesses.
"Back in May this year, councillors Armstrong, Foster, Johnston, Morrison, Parkin, Piper, Prendergast, Shaw, Siers and myself voted to put the site to tender and we caught a huge amount of flak.
"The truth is, by taking that difficult decision, we have protected the public purse. We were always confident we could achieve this outcome and now we're totally vindicated."
For more information: Mark Blumsky (Mayor of Wellington) 04 801 3102 Donald Holder (Media Liaison Officer) 04 801 3109

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