Buy-out of private properties affected by slips Debate

Economic Benefits - Population Growth

Option 2

The commenter strongly supports Option 2, emphasizing that aligning with the buy-out practices of other regions is crucial for maintaining Nelson's reputation and ensuring its attractiveness for future investments. They argue that failing to offer market value buy-outs could negatively impact perceptions of the council, potentially deterring new residents and investors. The urgency in implementing the buy-out, as part of the broader government-supported package, is highlighted as essential for the economic vitality and growth of Nelson, nearly two years post the severe weather event.

Table of comments:

Point No

Comment

70.1

There can surely be no other sensible option, given the precedent set by councils in the North Island for their similarly affected ratepayers. Not to agree to a buy out at market values, would make Nelson council the laughing,stock for the rest of the affected areas, and who would want to come and invest in a home in Nelson, with a Council so ignorant of its ratepayers.Councilors' have had long enough time on this. You have already decided to accept the Government proposal. It’s time to get on with it, nearly two years after the event.NCC has to get on with it. The buyout is part of a package it cannot afford to turn down.