HAWKE’S BAY REGIONAL COUNCIL
Wednesday 20 March 2019
SUBJECT Hearings and Decision Making Processes
for Additional Council Controlled Organisation to Support IPO Transaction
Reason for Report
1. To outline the
process to be undertaken to hear and consider feedback received on the creation
of a new Council Controlled Organisation to support a
potential minority Initial Public Offering (IPO) of the Napier Port.
2. Submissions and feedback received during the consultation are
attached to this cover report for Councillors to read in advance of the Hearing
on 20 March 2019.
Background
3. Consultation on
establishing an additional Council Controlled Organisation to
support the IPO transaction began on Friday 15 February 2019 and officially
closed at 5.00pm on Monday 11 March 2019. A total of 84 submissions were
received, of which 5 submitters indicated they wish to present their
submission in person.
4. The channels
used to inform the public of this consultation included a release to media,
newspaper advertising (in Hawke’s Bay Today 5, CHB Mail 3 and Wairoa Star
3), and Facebook. Three individual Facebook posts reached 17,386 screens,
achieved 1,195 Post Clicks, and attracted 170 Likes, Reactions, Comments and
Shares.
5. All information
related to this consultation was available online at hbrc.govt.nz and at
Regional Council offices in Napier, Taradale, Waipawa and Wairoa. Five forms
were mailed out on request; 200 were printed and provided to Napier Port staff
on request.
6. Of the 84
submissions, a total of 60 hard copy, 19 online and five email submissions were
received.
Verbal submissions
7. Submission Hearings are scheduled to begin at 3.00pm, and the
timetable (to be confirmed) is attached. Each speaker is allocated 10
minutes, and this time will be strictly adhered to.
Next Steps
8. An analysis of submissions and a decision paper will be on the
Agenda of the Council meeting on 27 March 2019.
Decision Making
Process
9. Council is required to make every decision in accordance with the
requirements of the Local Government Act 2002. Staff have assessed the
requirements in relation to this item and have concluded:
9.1. The use of the special consultative procedure as prescribed by the
Act has been used.
9.2. The persons
affected by this decision are all those persons with an interest in the
region’s port and all ratepayers in the region.
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Recommendation
That Hawke’s
Bay Regional Council receives and considers the
verbal and written submissions, including social media comments received on
“Consultation on establishing an additional Council Controlled
Organisation” as provided and in accordance with the consultation
provisions of the Local Government Act 2002.
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Authored by:
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Drew Broadley
Community Engagement and Communications
Manager
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Desiree Cull
Strategy and Projects Leader
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Approved by:
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Jessica
Ellerm
Group Manager Corporate Services
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Attachment/s
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⇩1
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20 March 2019
CCO Hearings Timetable
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⇩2
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CCO
Submissions Received
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⇩3
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HBRIC CCO
submission 18
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⇩4
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Napier Port
CCO submission 51
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⇩5
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Dallimore CCO
submission 53
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CCO Submissions Received
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Attachment 2
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Dan Elderkamp Submitter
1
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What do you support about this proposal
and why?
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Seems
simple and straightforward.
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What
don’t you support about this proposal and why?
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Makes
me wonder about the purpose and reason for the continued existence of HBRIC
post the IPO? What would be the reason for not liquidating HBRIC afterwards?
Perhaps the Council could explain this a bit better to the ratepayers.
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Andrew Palairet Submitter
2
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What do you support about this proposal
and why?
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A CCO should only be setup if HBRIC is
closed. Council already has one semi-redundant CCO and it doesn’t need
two. Directors should be 2-3 councillors plus HBRC CEO - all directors should
be unpaid. If the advice is to set one up (presumably for some sort of tax
benefit or de-risking HBRC) then go ahead, but surely you don’t need
HBRIC as well. Please make the CCO as lean as possible - leverage council
finance team etc. It shouldn’t need any staff.
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What
don’t you support about this proposal and why?
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As
above.
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Paul Sampson Submitter
3
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What do you support about this proposal
and why?
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The proposal is supported as it provides
clear accountability back to the Port Directors.
It will be important that there is a clear concise Corporate Intent document
at a high level,not detail,agreed to with HBRC to ensure that local investors
have a degree of priority.
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What
don’t you support about this proposal and why?
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Full
support
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Kathryn Bayliss Submitter
4
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What do you support about this proposal
and why?
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I do
not support this proposal.
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What
don’t you support about this proposal and why?
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I disagree with the proposal is to establish a new
Council Controlled Organisation (CCO), named ‘HoldCo’ - as in
‘holding company’ to facilitate a potential minority share issue
of Port of Napier Limited (Napier Port or Port).
Having two companies instead of one for Port of Napier has:
Less Simplicity and efficiency;
Less Clear accountability and liability; Less Marketability; More Cost; Less
Control.
I think the Port of Napier Limited should buy back the shares from HBRIC
which HBRIC has decided to sell.
Then Port of Napier Limited can conduct the IPO, selling these shares and the
new shares that the Port creates to raise more money.
It can take a temporary loan to pay HBRIC for the shares or arrange it so it
can pay with the proceeds from the IPO.
This would be Simpler and more efficient, having one company instead of two.
The Port of Napier would have clearer and more direct accountability and
liability.
Marketability would be better, investors will understand
clearly they are investing in Port of Napier Limited.
It would cost less to do the IPO.
Future expenses, (e.g additional legal, tax and accounting compliance costs),
would be less for one company instead of two companies.
There would be more direct control for people holding Port of Napier Limited
shares.
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Matt Edwards Submitter
5
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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To HBRC,
I do not support the establishment of a CCO to hold all the shares in the
Port Of Napier. The proposal by bureaucrats to extend the bureaucracy is
always what happens in publicly funded organisations - an ever creeping
disease of empire building in this case at ratepayers expense. There are
plenty of entities already in existence to handle a share float without
creating another one.
You should never have gone down this road to fund port expansion. Now that
you have, any shares publicly offered will likely end up overseas owned quite
quickly unless you impose the condition that they can only be owned by NZ
citizens or permanent residents – a condition I would like to see
imposed.
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Howard Roberts Submitter
6
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What do you support about this proposal
and why?
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nothing
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What
don’t you support about this proposal and why?
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The
port is big enough. The port is a owned by the rate payers,
and should stay that way. I will not be voting for
candidates, who disagreed with me on this and will be advising family &
friends to do like wise.
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Anthony Moore Submitter
7
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What do you support about this proposal
and why?
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Nothing.
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What
don’t you support about this proposal and why?
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This whole port sale is wrong. There are directors and
councilors that need to be held accountable for this situation we are in.
More and more evidence is coming to light about how the port has been run
into debt just to now "have" to sell. A report has just come out in
Australia about important information was held from parliament when it came
to privatization of their ports and now we have one of them here now on the
Napier Port board and has been working with them for years planning this
sale. Now it's costing $11million to carve the port up, DISGUSTING. I have no
faith or trust at all in this HB Regional Council, I have no faith that this
or any submission that doesn't agree with the Council ideas will even be
read. It's time Councilors are held accountable for their actions and not a
free ride to do what they want. I will never forget the names of this
councils members if this port is sold. And I bet you hold your submission meeting
at a time when most people have to work and can't make it, we know your dirty
tricks.
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Mathew Pere Submitter
8
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What do you support about this proposal
and why?
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NO.
PORT NOT FOR SALE AS A RATE PAYER IM ALREADY A SHAREHOLDER IN THE PORT.
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What
don’t you support about this proposal and why?
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NO
PORT NOT FOR SALE
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William Baggett Submitter
9
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What do you support about this proposal
and why?
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Nothing
Port not for Sale As a napier rate payer I'm already a Shareholder in
the Port.
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What
don’t you support about this proposal and why?
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Nothing
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Anne Taana Submitter
10
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What do you support about this proposal
and why?
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NOTHING
NAPIER PORT NOT FOR SALE
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What
don’t you support about this proposal and why?
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NOTHING
NAPIER PORT NOT FOR SALE.
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Laryssa Taana Submitter
11
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What do you support about this proposal
and why?
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NOTHING
NAPIER PORT NOT FOR SALE.
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What
don’t you support about this proposal and why?
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NOTHING
NAPIER PORT NOT FOR SALE
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Hamish Taana Submitter
12
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What do you support about this proposal
and why?
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NOTHING
NAPIER PORT NOT FOR SALE.
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What
don’t you support about this proposal and why?
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NOTHING
NAPIER PORT NOT FOR SALE.
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Steve Haenga Submitter
13
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What do you support about this proposal
and why?
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NOTHING
NAPIER PORT NOT FOR SALE AS A NAPIER RATE PAYER, IM ALREADY A
SHAREHOLDER OF THE PORT!
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What
don’t you support about this proposal and why?
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NAPIER
PORT NOT FOR SALE. ALREADY A SHAREHOLDER OF THE PORT!
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Phillip Taana Submitter
14
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What do you support about this proposal
and why?
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NOTHING
NAPIER PORT NOT FOR SALE.
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What
don’t you support about this proposal and why?
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NOTHING
NAPIER PORT NOT FOR SALE.
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Blair O'Keeffe Submitter
18
On
behalf of Hawke's
Bay Regional Investment Company Limited
Submission
18 attached
Paul Simmonds Submitter
19
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What do you support about this proposal
and why?
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I Don't
support this proposal at all because None of these decisions should be made
when the Final decision hasn't been made on any sale of the port, or port
sale.
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What
don’t you support about this proposal and why?
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Because
as a rate payer Im aganst selling the port at all, Even our Local MP
STUART Nash said No to selling the port.
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Mel Malone Submitter
20
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What do you support about this proposal
and why?
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I do
not support the sale of Napier Port,
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What
don’t you support about this proposal and why?
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Job security, local Employment for local people, Rates
will go up 100% and will be unaffordable for the average working person, O
and for the employees of the port who will potentially have no job in the future
and will also potentially loose their homes due to no income and rate rises.
If all rate payers paid and extra $90 per year to save the Port it would save
jobs, not selling to offshore giants who will ruin our economy and working
conditions, I would be happy to pay this per year if it meant the port was
kept local for local people.
I also think your first submission papers were a joke as I did not receive
any in the post and I understand a bulk of them were found scattered in a
local stream not delivered as they were meant to be.
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Marjorie Ida Robinson Submitter
21
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What do you support about this proposal
and why?
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I am
happy for the HBRC to invest in the PORT I would like the citizens of H.B to
be able to purchase shares. My Parents & I were all born in Napier &
like to support local issues
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What
don’t you support about this proposal and why?
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Sharleen Baird Submitter
22
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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were
the Port sale to go ahead, I'd prefer HBRIC to handle the sale
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Melissa Greville Submitter
23
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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I dont
want the rates to increase, local jobs for local people. Hawkes Bay should
be proud of owning the port and should be trying to keep it this way, we
should be trying to hold onto it while we still can. Job security for local
familys.
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Grenville Christie Submitter
24
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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I would
like HBRIC to be CCO if the Port sale were to go ahead.
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Raewyn Benson Submitter
25
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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I urge
HBRC to stack HoldCo's board with councillors, and NOT port directors.
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David Bishop Submitter
26
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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I do not like the fact that HBRC will be
giving all directorships of Holdco to individuals who have no responsibility
to Council.
Thereby Council loses control of the entity despite it being named a CCO.
It is my preference that HBRIC limited retains its majority shareholding and
directorships of the Port.
This option is noted in the consultative document on page 5 under the section
'Are there other options',which is said to be a reasonably practicable
alternative. Retain and work with this option rather than setting up a new
CCO is my preference
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Pene Johnstone Submitter
27
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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That Napier Port Directors are going to be
the directors of Hold Co. HBRC (The ratepayers)are loosing control
HBRC Councillors need to have more directors in Hold Co.
I do not support a sale of 45% of shares. The sale should be limited to the
$86,000 that is required to repay Napier Port debt. HBRC does not need to be
investing in outside investments in "managed funds". That is not
what it was set up for.
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Tony Andrews Submitter
28
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What do you support about this proposal
and why?
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I
support that concillors make up the directors of HoldCo
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What
don’t you support about this proposal and why?
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The directors of holdco shouldn't be the
directors of the port of napier, rather made up of councillors. WHY, so they
have some control over the ports future
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Donna Gray Submitter
29
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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I don't
see Ban 1080 in Hawkes Bay
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Megan Young Submitter
30
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What do you support about this proposal
and why?
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Ok with
a CCO BUT, anyone sitting on the board SHOULD NOT have shares in the
port already
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What
don’t you support about this proposal and why?
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Roger Muir Submitter
31
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What do you support about this proposal
and why?
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I do
not support this proposal ini any way.
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What
don’t you support about this proposal and why?
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Shares for the port of Napier should not
be sold in a public offering. Therefore there is no need for yet another
regional council entity. This entity just provides another avenue for
non-local accountants, lawyers, and directors to clip the money ticket, and
allows control of the port to be squandered out of area.
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Bruce Bisset Submitter
32
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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Directorship of the Port of Napier holding company:
Regardless of the supposed benefit of creating a separate stand-alone
arm’s-length company to be the holding company for the ownership of
Port of Napier, and regardless that its parent’s parent will indirectly
maintain a majority of shares in the Port, there is no transparency and very
little accountability in HoldCo having a Board which has no direct representation
from the owners.
Moreover once HoldCo’s board settles into whatever ongoing
configuration its shareholders elect, operating under standard commercial law
for listed companies council will find it difficult at best to replace any
director appointed ostensibly to protect its interests, as professional
directors have similar engagement protections to any other professional role
and, in case of dispute, in general in New Zealand commercial law
“commercial interest trumps public interest”.
This means that is quite conceivable that any “council” director
(ie, in the first instance, an independent director of Napier Port also
appointed to HoldCo’s board) could “turn” on a
controversial issue and vote with minority directors to progress a policy at
odds with council’s own position, and then argue in defence that it was
the correct commercial decision – and prima facie have the law on
his/her side. Certainly by the time that director was replaced, at the end of
their term, the damage would be done.
Even if this scenario fails to alarm, it makes best
sense for council to have direct representation on HoldCo’s board
simply to maintain a careful and prudent overview of proceedings, so as to be
able to properly advise council of the detail of any matters the Board may be
considering of which council may otherwise be unaware.
I suggest that at the least council should consider appointing senior
representatives, such as its Chairman and CEO, to the HoldCo board for such
purposes.
In support of which I would merely remind councillors and staff alike that
they are not the actual owners of the port, but merely the custodians of that
ownership, overseeing it on behalf of the public. To divorce the port
directorships from the public’s representatives entirely, as proposed,
is against the public interest – something you, as our elected
councillors, are sworn to uphold.
I would also note that council, sensibly, reviewed its position viz the
directorship of HBRIC in a similar manner and came to a similar conclusion.
Given the transfer of asset from HBRIC to HoldCo, it follows the same logic
must be applied in order that asset remains best protected on the
public’s behalf.
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Daniel Milton McKnight Submitter
33
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What do you support about this proposal
and why?
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I Do
Not support this proposal
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What
don’t you support about this proposal and why?
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Napier
port should not be sold
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John Kent Submitter
34
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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1) The board of the Port of Napier should be
concentrated on efficient and effective running of the port This has nothing
to do with selling the shares
2) The HBRIC is already a holding company holding the Port shares and would
already be constituted to perform this task
3) The result will be the port CEO will have the port board controlled by
Hold co controlled by HBRIC controlled by HBRC and this is supposed to be
transparent governance.
4) If there is a conflict between what the Regional Council want to happen
and the Port Company wants to do, there is no way the Regional Council view
will prevail with all the shareholding in the hands of the port directors
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Brendon Strong Submitter
35
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What do you support about this proposal
and why?
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I don't
support it.
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What
don’t you support about this proposal and why?
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NAPIER
PORT NOT FORSALE
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Blair Griffin Submitter
36
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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port
should not Be sold.
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Tu Heather Submitter
37
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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Clinton Hawker-Guilford Submitter
38
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What do you support about this proposal
and why?
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I do
NOT!! support this proposal
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What
don’t you support about this proposal and why?
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Napier
port Not four sale
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Gary Fazackerley Submitter
39
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What do you support about this proposal
and why?
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I DONOT
SUPPORT THIS PROPOSAL.
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What
don’t you support about this proposal and why?
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NAPIER
PORT NOT FOR SALE.
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Peter Howard Submitter
40
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What do you support about this proposal
and why?
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|
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What
don’t you support about this proposal and why?
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NAPIER
PORT NOT FOR SALE.
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David Marden Submitter
41
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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NAPIER
PORT SHOULD NOT BE SOLD. TOO MUCH FISCAL IRRESPONSIBILITY TO DATE BY THE HBRC
& PORT BOARD POTENTIAL FOR EXTERNAL INFLUENCES
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David Hughes Submitter
42
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What do you support about this proposal
and why?
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Nothing
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What
don’t you support about this proposal and why?
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All -
Job security - Local welfare -
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Scott Thomas Submitter
43
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What do you support about this proposal
and why?
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I Don't
Support it.
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What
don’t you support about this proposal and why?
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Everything
- the Port is not for Sale
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Tony Colin Sherriff Submitter
44
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What do you support about this proposal
and why?
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I
support the requirement for a 6th Berth.
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What
don’t you support about this proposal and why?
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I don't support the creation of a CCO or
the listing of shares in Port of Napier. I believe we create unstable working
conditions and job insecurity. I Also believe the Ports is capable of
servicing this debt by itself. I'd support an increase in regional council
rates
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Christopher James Cameron Submitter
45
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What do you support about this proposal
and why?
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What
don’t you support about this proposal and why?
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I do
not support this proposal.
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David Jansen Submitter
46
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What do you support about this proposal
and why?
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I DONT
SUPPORT THIS PROPOSAL
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What
don’t you support about this proposal and why?
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NAPIER
PORT NOT FOR SALE
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Bruce Ward Submitter
47
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What do you support about this proposal
and why?
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Don't
support
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What
don’t you support about this proposal and why?
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I think
the port shouldn't be sold
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James Morris Submitter
48
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What do you support about this proposal
and why?
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I DO
NOT SUPPORT THIS PROPOSEL
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What
don’t you support about this proposal and why?
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|
NAPIER
PORT NOT FOR SALE
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William John Brocklehurst Submitter
49
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What do you support about this proposal
and why?
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I DO NOT
SUPPORT THE PROPOSAL
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What
don’t you support about this proposal and why?
|
|
NAPIER
PORT NOT FOR SALE
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Sam Young Submitter
50
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What do you support about this proposal
and why?
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I DO
NOT SUPPORT THIS PROPOSAL
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What
don’t you support about this proposal and why?
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NAPIER
PORT NOT FOR SALE
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Alasdair
MacLeod Submitter
51
On behalf of Napier Port
Submission
51 attached
Hohepa Huia Hoani Kereti Submitter
52
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What do you support about this proposal
and why?
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I
support investment in Port for the future of the Hawkes Bay as a whole.
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What
don’t you support about this proposal and why?
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I don't
support regional council for the position that we are in at the moment with
the huge debt they need to be held responsible. Selling 49% of shares in my
mind will not work.
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Larry
Dallimore Submitter
53
On behalf of Westshore resident
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What do you support about this proposal
and why?
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I accept the need for a CCO or HBRIC to
sell the Port however I do not support the sale of this pivotal asset
belonging to every HB resident, I understand why HBRC has to create cash
reserves and reduce exposure to any downturn that would affect HB's most
valuable and asset and profit dividends supporting the HBRC balance sheet.
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What
don’t you support about this proposal and why?
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Please see Submission 53 attached
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Ford Stuart-Gray Submitter
54
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What do you support about this proposal
and why?
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I DON'T
SUPPORT THE PROPOSAL
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What
don’t you support about this proposal and why?
|
|
NAPIER
PORT NOT FOR SALE
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John Stratton Goudie Submitter
55
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What do you support about this proposal
and why?
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That
the Port name be PORT OF NAPIER I see this in the PORT OF NAPIER/ANNUAL
REPORT/3 PUBLISHED on its WEBSITE
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What
don’t you support about this proposal and why?
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I don't support the PORT NAME being NAPIER
PORT because this turns NAPIER into an adjective which is wrong and is
mentioned in this proposal 25 times. eg ("Port of Tauranga" for a
comparison)
THE PROPOSAL IS NOT EASY TO ASSIMALATE AND DOESN'T QUALIFY AS "KEEP IT
SIMPLE"
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Laurence Leonard Submitter
56
|
What do you support about this proposal
and why?
|
|
I
support investment in the Port and its future.
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What
don’t you support about this proposal and why?
|
|
I don't support the Regional Council
shirking their responsibility for the position that they have placed the Port
in. It they have created a level of debt that does not allow the Port to grow
they need to be held responsible. Selling 49% of the shares will not do this
as they will not do this as they will still have the ability to continue to
make bad business choices.
|
Glen Adam Kohlis Submitter
58
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
Selling
the Port is a farce and is basically stealing from our children and
grandchildren
|
Tania Louise Heitiki Smith Submitter
59
|
What do you support about this proposal
and why?
|
|
I
support investment in the Port and its future.
|
|
What
don’t you support about this proposal and why?
|
|
I don't support the Regional Council
shirking responsibility for the position that they have placed the Port in.
If they have created a level of debt that does not allow the Port to grow
they need to be held responsible. Selling 49% of the shares will not do this
as they will still have the ability to continue to make bad business decisions.
|
Fred Victor Torea Submitter
60
|
What do you support about this proposal
and why?
|
|
I don't
support this
|
|
What
don’t you support about this proposal and why?
|
|
Everything
rushing if making bad dicision
|
Clayton Ewart Submitter
61
|
What do you support about this proposal
and why?
|
|
I don't
support this proposal.
|
|
What
don’t you support about this proposal and why?
|
|
Why
because it belongs to the people of Hawkes Bay. Please here what we want we
don't need this in our community.
|
Korrin Torea Submitter
62
|
What do you support about this proposal
and why?
|
|
I don't
support this at all Why sell What We Own
|
|
What
don’t you support about this proposal and why?
|
|
that
the CEO of Hbrr is not thinking why don't they sell what is in Wellington
before selling the golden egg
|
George de Barre Submitter
63
|
What do you support about this proposal
and why?
|
|
Port
Not for Sale Keep it Hawkesbay
|
|
What
don’t you support about this proposal and why?
|
|
once
its Gone its Gone and we have NO Control
|
Clinton Gotty Submitter
64
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
Our
Ports Not For Sale.
|
John Charles Merritt Submitter
65
|
What do you support about this proposal
and why?
|
|
DO NOT
SUPPORT!
|
|
What
don’t you support about this proposal and why?
|
|
Everything
because Napier Port is not For Sale
|
Trevor Miles Submitter
66
|
What do you support about this proposal
and why?
|
|
I DON'T
SUPPORT IT
|
|
What
don’t you support about this proposal and why?
|
|
EVERYTHING
NAPIER PORT IS NOT FOR SALE
|
John Brown Submitter
67
|
What do you support about this proposal
and why?
|
|
I DONT
SUPPORT THIS PROPOSAL WE ALREADY OWN THE PORT.
|
|
What
don’t you support about this proposal and why?
|
|
NAPIER
PORT NOT FOR SALE.
|
Hogan Green Submitter
68
|
What do you support about this proposal
and why?
|
|
I Dont
support it
|
|
What
don’t you support about this proposal and why?
|
|
everything
NAPIER PORT IS NOT FOR SALE
|
Matthew O'Neill Submitter
69
|
What do you support about this proposal
and why?
|
|
I Don't
Support it
|
|
What
don’t you support about this proposal and why?
|
|
Everything
- Napier port is not for sale
|
Bill Nicholls Submitter
70
|
What do you support about this proposal
and why?
|
|
I do
not support this!
|
|
What
don’t you support about this proposal and why?
|
|
(Everything)
Napier Port is not for sale!
|
Steve Dew Submitter
71
|
What do you support about this proposal
and why?
|
|
I do
not support it
|
|
What
don’t you support about this proposal and why?
|
|
Everything
Napier port is not for Sale
|
Jade Christison Submitter
72
|
What do you support about this proposal
and why?
|
|
I DON'T
SUPPORT IT
|
|
What
don’t you support about this proposal and why?
|
|
EVERYTHING
NAPIER PORT IS NOT FOR SALE
|
Ronnie Sharp Submitter
73
|
What do you support about this proposal
and why?
|
|
I do
not support this
|
|
What
don’t you support about this proposal and why?
|
|
Everything
- Napier Port is Not for Sale
|
James Caird Submitter
74
|
What do you support about this proposal
and why?
|
|
Nothing
I don't support it
|
|
What
don’t you support about this proposal and why?
|
|
Napier
port is not for sale
|
Jan & Mariet Vaessen Submitter
75
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
My wife and I are very concerned about the fact that
Port directors are going to be directors and in control of the HoldCo. To us
it is essential that we the rate payers have good representation in HoldCo to
ensure our interests are served. The future of the port business and its
activities should be balanced between the interest of the people who live in
Napier (with especially Ahuriri coming to mind) and businesses interests.
Good representation working for the rate payers is therefore very important.
So please ensure that this happens. Napier counsellors and a member of
Ahuriri community group ( Seascape comes to mind) on the board of HoldCo
would be a good start
|
Callum Wrightson Submitter
76
|
What do you support about this proposal
and why?
|
|
No
|
|
What
don’t you support about this proposal and why?
|
|
Port
Not for Sale
|
Chris Jonasen Submitter
77
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
NAPIER
PORT IS NOT FOR SALE.
|
Fletcher Smith Submitter
78
|
What do you support about this proposal
and why?
|
|
- An
effective way to potentially drum up a little cash for the new wharf.
|
|
What
don’t you support about this proposal and why?
|
|
Very vague descriptions regarding the key
advantages vs the status quo. Need more solid, quantifiable information.
The Port is a key asset which generates large profits. - just needs to be
managed better by the Council (HBRC)
|
Brian Price Submitter
79
|
What do you support about this proposal
and why?
|
|
Nothing
Not enough information
|
|
What
don’t you support about this proposal and why?
|
|
The
port is not for sale
|
Martin Leigh Gilkison Submitter
80
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
NAPIER
PORT NOT FOR SALE
|
Patrick Joseph Rewi Submitter
81
|
What do you support about this proposal
and why?
|
|
Nothing
Miss leading rate payer's by saying the Port will cost them more in rate's by
way of subsidising.
Where as the Port subsidises rates from profits shared to Regional &
District councils. Less ownership less profits = higher rates! ratepayers
will pay more for less return.
|
|
What
don’t you support about this proposal and why?
|
|
I dont
support any type of sale of Napier Port.
Rex
Graham and his co-hort's need to leave Napier Port alone, if not they
remembered as the men that sold Hawkes Bay out
THE
PORT IS NOT 4 SALE !!!
|
Paul Malone Submitter
82
|
What do you support about this proposal
and why?
|
|
I DON'T
NAPIER PORT IS NOT FOR SALE
|
|
What
don’t you support about this proposal and why?
|
|
Job security, local employment, local
revenue, shares going offshore, when you put submissions into all households
it should've been only to the ratepayers as of cause a renter will say sell
as they don't want there rent to go up because HBRC won't be getting such a
big dividend from the port income which will be passed down to the rate
payers but 100% ownership at $90 a year is stuff all in the long term
|
Brent Grant Submitter
83
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
|
Paul Hamer Submitter
84
|
What do you support about this proposal
and why?
|
|
Nothing
|
|
What
don’t you support about this proposal and why?
|
|
Napier
Port is Not for sale
|
Gene Michael Burling Submitter
85
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
The
port is not for sale.
|
Napoleon Eketone Submitter
86
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
The
Port is Not for Sale
|
Rapata Turner Submitter
87
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
Napier
Port is not for sale
|
Gerard Pain Submitter
88
|
What do you support about this proposal
and why?
|
|
|
|
What
don’t you support about this proposal and why?
|
|
I am not in favour of the formation of
HoldCo, for the following reasons:
(a) During the RWSS "process" a similar-named company was proposed.
There was strong evidence at the time that it would enable HBRIC Ltd to keep
even more "stuff" hidden from the public with no Official Information
Act requests being possible.
I fear the same here.
(b) You already have a CCO call HBRIC Ltd which has elected Regional
Councillors as directors.
As I understand it HoldCo would have no Councillors as directors; I do not
find that is acceptable.
|
