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Home arrow Other Coastlines arrow Matauri Bay arrow Matauri plan stalls amid dissent
Matauri plan stalls amid dissent PDF Print E-mail
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Other Coastlines - Matauri Bay
Written by Mike Barrington, The Northern Advocate   
Monday, 08 June 2009

The subdivision of a block of tribal land overlooking Matauri Bay was seen as a way to stave off financial ruin.

Submissions are being sought on a move to double the 52-year leases on Matauri Bay sections being sold to bail Matauri X Incorporation shareholders out of an investment disaster.

An application by the Maori Land Court-appointed interim administrator of the incorporation, Kevin Gillespie, of Auckland, seeking a variation of the Matauri X constitution to extend the leases came before the court at Kaikohe last week.

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