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Other Coastlines - Coromandel
Written by Gary Taylor, The New Zealand Herald   
Monday, 27 December 2010

The exceptional natural values of New Chums Beach on the northern Coromandel Peninsula have been well documented. Now there is a really innovative offer from the landowners that could see the beach and its hinterland brought into public ownership and permanently protected for all to enjoy.

The deal involves the New Zealand Coastal Trust, a charitable entity set up by the Environmental Defence Society. It has independent trustees and is chaired by Peter Salmon, QC. The trust would enter into a conditional agreement to buy the property.

The price would be fair market value and that would be determined by taking advice from a competent, independent valuer.

It is an approach that could be emulated in other places where there is a conjunction of land with very high natural values and public spirited owners. Ngunguru spit comes to mind.

Then the owners have agreed to donate half of the purchase price to the trust. The balance would come from the Government, and perhaps, local government.

What it means is that through an extraordinarily generous act of philanthropy by the owners, New Chums would come into public ownership for half price. It is an approach that can be described as a PPP - a public private partnership, but for a new reserve, not a prison or a motorway.

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Last Updated ( Monday, 27 December 2010 )
 
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