WCC spending spree carries on
The Herald reports:
Wellington City councillors have met behind closed doors today about the future of the shut-up Reading Cinema building on Courtenay Pl, the Herald understands.
It’s understood a multimillion-dollar deal, involving the council buying the land underneath the Reading Cinema, was under consideration.
It was discussed in a public-excluded part of the meeting. Reasons given for this included allowing the local authority to carry on negotiations, including commercial and industrial negotiations, without prejudice or disadvantage.
It is so easy to spend other people’s money. They have already voted to spend $300 million fixing a second classical music venue and now they are doing secret deals with our money with Reading.
Ratepayers should get angry as they will face a decade of massive rates increases because WCC seems incapable of saying no.
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