MIDDLEMORE HOSPITAL
board refuses to buy for £500,000 (P.A.) Auckland, Dec. 17 An offei- of £500,000 by the Auckland Hospital Board for the new Middlemore Hospital has been rejected by the War Assets Realisation Board, which has fixed £810,727 as the price it will accept. In a letter to the Hospital Board, the Realisation Board stated that this price was the final estimated cost, les £6OOO to cover estimated maintenance for a year from January 20, 1946.
Negotiations for the purchase of the hospital, which was erected to meet a war emergency, have been proceeoing since September, 1944. The chairman of the Hospital Board Finance Committee, Mr. J. Grierson, stated to-night that the basis of these discussions had been that the cost of the hospital should be ignored, and that only its value to the Hospital Board should be considered. Now, a [ price representing the whole cost was being asked, and there was no ques- ' tion of negotiation.. The Hospital Board passed a resolution that it was not prepared to purchase at the price asked, but it empowered a sub-committee to continue the negotiations with the Realisation Board. Failing a satisfactory agreement is would not proceed further.
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Bibliographic details
Wanganui Chronicle, Volume 89, Issue 300, 20 December 1945, Page 3
Word Count
197MIDDLEMORE HOSPITAL Wanganui Chronicle, Volume 89, Issue 300, 20 December 1945, Page 3
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