This is the final LTP, after considerable submissions against the runway extension have been heard and received. Some major caveats have been added to the ring-fenced $90m for the runway extension:

The LTP now says that the Council will make a final decision on this project and whether to commit funding to construction once:

• WIAL has obtained resource consent for the project
• The Council has received and considered a cost-benefit analysis and business case from WIAL
  • that will be independently reviewed.

Other key considerations that the Council has said will need to be considered before it makes its final decision relate to:

• The resilience of a runway extension to weather and climate change
• The proposed investment vehicle and any revenue agreement
• Satisfactory airline commitments
• Funding arrangements for construction and confirmed construction costs
• The governance and management structure to oversee construction.

The Council has also said it will undertake further public consultation before making a final decision on whether to commit funding to construct the runway extension.