Extraordinary Investment and Property Subcommittee

14 June 2022

Extraordinary Investment and Property Subcommittee Minutes


Meeting held in the Council Chamber

36 Water Street, Whangārei

on Tuesday 14 June 2022, commencing at 1.00pm




Chairperson, NRC Councillor, Rick Stolwerk

Ex-Officio Penny Smart

Councillor Jack Craw

Independent Consultant Jonathan Eriksen

Independent Advisor Stuart Henderson


I Tae Mai/In Attendance:

Full Meeting

Pou Taumatua - GM Corporate Services

Tumuaki – Chief Executive Officer

Pou Tiaki Taiao GM – Environmental Services

PA – Corporate Services


Economic Policy Advisor

Financial Accountant



Part Meeting

Te Tai Tokerau Water Trust – Murray McCully

Te Tai Tokerau Water Trust – John Proctor


The Chair declared the meeting open at 1.01pm.

Ngā Mahi Whakapai/Housekeeping (Item 1.0)

Ngā whakapahā/Apologies (Item 2.0)

There were no apologies.

Nga whakapuakanga/Declarations of Conflicts of Interest (Item 3.0)

It was advised that members should make declarations item-by-item as the meeting progressed.


Kaupapa ā Roto/Business with Public Excluded (Item 4.0)

Move (Stolwerk/Kitchen)

1.              That the public be excluded from the proceedings of this meeting to consider confidential matters.

2.              That the general subject of the matters to be considered whilst the public is excluded, the reasons for passing this resolution in relation to this matter, and the specific grounds under the Local Government Official Information and Meetings Act 1987 for the passing of this resolution, are as follows:

Item No.

Item Issue



Regional Projects Reserve: Investment proposal for Kaipara irrigation project

The public conduct of the proceedings would be likely to result in disclosure of information, the withholding of which is necessary to enable council to carry out, without prejudice or disadvantage, commercial activities s7(2)(h) and the withholding of which is necessary to enable council to carry on, without prejudice or disadvantage, negotiations (including commercial and industrial negotiations) s7(2)(i).

3.              That the Independent Advisors be permitted to stay during business with the public excluded.




Whakamutunga (Conclusion)

The meeting concluded at 2.48pm.