Thursday, November 20, 2014

A massive shift in the operation and ownership of the Forsyth Barr Stadium has been recommended to the Dunedin City Council.

A review of the stadium has been completed, and the council will consider all associated recommendations next week.

It's proposed the companies that manage the stadium become council-controlled, and that $30m of debt is transferred to the council.

Ratepayers may also need to contribute an additional $1.8m to the stadium each year for the next decade.

Council staff are working on a plan to minimise the impact on ratepayers.

All options will be considered as part of the council's next long term plan.

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