Govt flood aid $30M
PA Wellington The Government expects to spend more than $3O million on the floodstricken residents of South Canterbury and North Otago. Preliminary estimates of the damage made just after the flooding last month were $39 million. The Government then promised substantial help. The latest estimate of damage to commercial
and industrial enterprises was between $lO and $ll million, the Under-Secre-tary of Finance, Mr de Cleene told Parliament yesterday. The estimate was based on claims lodged with Civil Defence. “Probably these damages are covered — as the farmers would not be covered — by the commercial enterprises’ own insurance companies,” he said.
Damage was still being assessed. The Government had approved expenditure of $2O million and another $10.5 million had been identified as necessary not yet approved by the Cabinet, he said. The total economic cost of the flooding was a matter “known only to God,” Mr de Cleene said. Repairs to catchment works, including river and soil conservation, were estimated at $6.3 n£Uion,
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Press, 24 April 1986, Page 5
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165Govt flood aid $30M Press, 24 April 1986, Page 5
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