Marina CCO proposal Debate

Economic Benefits - Revenue

Option 1

Residents supporting Option 1 emphasize the importance of maintaining the Marina as a profitable and publicly owned asset, ensuring that any generated profits are reinvested back into the Marina for its maintenance and improvement, thereby benefiting the broader community. They express concerns about the potential for asset sales under other options, which could lead to private profiteering at the expense of public interest, referencing past experiences where community assets were sold. The preference for Option 1 is rooted in a desire for transparency and efficiency in management without altering the ownership structure, which they believe should remain under council control to safeguard against the risks of privatization and ensure continuous community benefit.

Table of comments:

Point No	Comment
267.4	as long as the marina is making a profit
1108.4	I chose option one because I think the Marina is a valuable asset for the community and I suspect it is likely to become an increasingly valuable asset in the future. Since it is a public asset, all profits should go back towards maintaining or improving the marina. Any extra profits will be valuable income for the community.  I strongly believe that we should NOT sell off public assets so that a small number of people can profit from that. Therefore if option 2 facilitates that process then I am against it. Why can't the council simply figure out how to streamline the decision making structure and process?
1345.4	Options two and three to have serious consideration would need no sell of guarantees. I am thinking here of the income that would have been possible Nelson still had  an electrical distribution company.