Marina CCO proposal Debate

Option 2

The resident supports Option 2 for the Nelson Marina's transition to an Asset-Owning Council Controlled Organisation, emphasizing the efficiency of streamlining operations and the financial capability of the Marina to manage and pay off its debt more effectively than the council. However, there is a strong insistence on ensuring that the Marina remains permanently under council ownership, highlighting concerns about the potential future sale of the asset. This reflects a desire for both operational efficiency and stringent legal safeguards to maintain public ownership and prevent privatization.

Table of comments:

Point No Comment
894.4 support streamlining the marina operations and giving them the debt as they do make enough stable profit and are able to pay it off sooner than the council probably could. But, definitely think it needs to be a clear part of the proposal that it will forever remain in council ownership and is not up for selling