WCC Final Long Term Plan

Date

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.

 

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