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Home arrow Other Coastlines arrow Long Bay arrow Cash shortfall threatens park plan
Cash shortfall threatens park plan PDF Print E-mail
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Other Coastlines - Long Bay
Written by Wayne Thompson, The New Zealand Herald   
Saturday, 07 August 2010

Bid to buy Long Bay ridge from developers founders as campaigners fail to raise the money

Hopes of saving a grassy Long Bay ridge from being covered in roof tops have taken a knock with the loss of pledges of $7 million towards buying the land for park.

Last December, the North Shore City Council agreed to give $5 million "seed money" towards the Long Bay-Okura Great Park Society's campaign to buy 4.8ha of the ridge.

A pledge of $2 million was also made by the Auckland Regional Council, owner of the popular coastal park bordering the housing development.

...Todd Property Group wanted more for the land than the society could cover with pledges from public and private sources and fund raising.

But the offers have lapsed because the society was to have formed a trust which would negotiate with the land owner and raise extra money needed to cover the purchase.

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