New law to cut park fund
! Reserves contributions, a '| main source of money for acquiring and developing | City Council parks in 'Christchurch, will be low-; ered from April 1 under a new change in the Local' ; Government Act. ' New subdivisions are! ! allowed to contribute either money or land towards re-! serves. The change would ; lower the money from each | residential section by about 40 per cent. The City Engineer (Mr P. ]G. Scoular) said yesterday That this source of income had already been cut because of the fall in building Another change would re-, : quire a reserve contribution! | of 20 sq. m per unit for anv development of three or |tnore units. . This would not com- ! Ipensate for the loss caused 'by the first change, said the 'city land surveyor (Mr A. C. jivesen).
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Press, 6 October 1978, Page 4
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134New law to cut park fund Press, 6 October 1978, Page 4
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