No word on developers
The Waimairi County 1 last evening regarding $lOO,OOO. committees will todav meet the companv. one of several councilto help
lit out of financial difficulty. I They will report back toh J the council before anv deci- 1 sion is made. Christchurch Estates i wanted to sell, 22ha of land/ to the Waimairi County fori ! $700,000 — $300,000 of!, which would have gone 'straight back to the council to pay off existing debts. j’ The $lOO,OOO is due by
I March 31 under an agreement to pay by instalments the reserves contributions i lowed by the company. The chairman of the coun-I cil (Mr D B. Rich) told the ! meeting last evening that; I council staff were investigat-l ing the situation fully. The council’s interests (were well protected, said Mr Rich.
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Bibliographic details
Press, 16 February 1978, Page 6
Word Count
133No word on developers Press, 16 February 1978, Page 6
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