Buy-out of private properties affected by slips Debate

Economic Benefits - Costs

Option 4

Residents supporting Option 4 express concerns about the financial implications of buying properties affected by slips, particularly those on private land, emphasizing the potential long-term costs to ratepayers. They argue that property owners should rely on their own insurance and that the council should not set a precedent of financial support for such cases, which could be unsustainable in future disasters. Additionally, there is a call for transparency in how these costs are presented in council rates, advocating for honest financial communication to avoid hidden increases.

Table of comments:

Point No	Comment
223.2	considering how many developments that are made on flood prone land, slip prone land and other not suitable land, this will be a massive cost for ratepayers in the future.
353.2	I see no reason why rate payers should buy out properties impacted by slips from peoples own private land, people should have insurance! It also concerns me that then council will then be responsible for that land, which could mean much more costs in the furture.
353.2	I see no reason why rate payers should buy out properties impacted by slips from peoples own private land, people should have insurance! It also concerns me that then council will then be responsible for that land, which could mean much more costs in the furture.
427.2	while there is somewhat of a moral obligation, it is an unsustainable precedent in a major disaster. Following standard EQC approach is fine. Also central govt should be negotiated with to apply a similar apprach to the east coast storms
939.2	Nelson CC are responsible only for land they own that is impacting homeowners. That must be remedied, or the affected homeowners bought out. Not at QV though because we all know that they were ridicously over-valued. Homeowners whose property is impacted by another property owners' land is not and should not come under Council support. They have EQC and their insurance company for that. Those who did not do their due diligence before buying should have done their homework.I would never expect the Council to bail me out if my neighbours property started to slide onto mine.Council need to have some clear framework looking forward because Aug 22 will happen again without a doubt. There will be many more properties in the gun. Homeowners need to seek legal advice around insurance and EQC responsibilities, and Council need to make clear this is a one off.
1072.2	Should only be for those properties affected by Council or public land or caused by a drainage system failure. Insurance should hopefully cover most cases though slow payouts is a real issue for those affected.i would like to see those bought out offered for sale on an as is where is basis wth no future liability to council or Government as would likely get some money back as was the case with propertis in Christchurch following the earthquakes.
1329.2	You have no choice but to buy out property effected by public ownership the issue will be ratepayers being effected by private land with the private land having no means to pay to reduce the risk to neighbours.I do have an issue with the funding being separate to rates. The increase is the real increase in rates which is money to be found stop hiding it even if it makes you feel better its not honest.