a) takes as read and confirms the minutes of the Executive, Audit and Risk Committee meeting of the 29
July 2024 at 10.30am
b) notes recommendations therein were adopted by the Taranaki Regional Council on Tuesday 6 August
2024.
Appendices/Attachments
Document 3294863: Minutes Executive Audit and Risk Committee – 29 July 2024
Executive Audit and Risk Committee - Confirmation of Executive Audit and Risk Committee Minutes - 29 July 2024
4
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plans (SMPs) rather than the previous requirement for district councils to set speed limits through
bylaws. The Rule requires the development of SMPs that set a ten-year vision and three-year
implementation plan for implementing safe and appropriate speed limits throughout the
district/region. Consultation on these SMPs will be undertaken every three years, aligning with the
three-yearly planning/funding periods of Regional Land Transport Plans (RLTP) and the National Land
memorandum is to introduce to Members, the engagement process
on the long-term vision for freshwater that forms part of the review of the Regional Policy
Statement for Taranaki (RPS).
Executive summary
2. The National Policy Statement for Freshwater Management (NPS-FM) requires that the
Council engage with tangata whenua and communities in the development of a long-
term vision for freshwater to be included in the reviewed RPS.
3. Engagement and development of the long-term vision for
Document 2702017
page
Taranaki Stadium Trust: 2020/2021 Half Year Financial Report ~ Page 1 ~
Entity information for the Six Months Ended 31 December 2020
Legal name
Taranaki Stadium Trust
Type of entity and legal basis
The Taranaki Stadium Trust (the Trust) is a charitable trust incorporated in New Zealand under the Charitable Trusts Act
1957 and is domiciled in New Zealand. The Trust is controlled by the Taranaki Regional Council and is a Council
Controlled
commenced and will accelerate over the next twelve months. To date the project spend is $19.0m. Funding is in place
for the work to be completed.
The delivery of the repair and recovery programme will require the Trust to borrow from the Taranaki Regional
Council. The servicing of this debt will come from rates sourced Taranaki Regional Council funding.
Looking Ahead
Yarrow Stadium and the Trust faces some challenging times ahead as the goal of returning the Stadium to full
construction of the new East Stand. To date the project spend
is $33.0m. Funding is in place for the work to be completed. The delivery of the repair and recovery programme will
require the Trust to borrow from the Taranaki Regional Council. The servicing of this debt will come from rates sourced
Taranaki Regional Council funding.
Looking Ahead
Yarrow Stadium and the Trust face some challenging times ahead as the goal of returning the Stadium to full
operational use is
12
Working Together With Māori
The Council recognises the importance of working together with Māori across the
region including Māori involvement in decision making processes. There were a number
of activities during the year, including providing opportunities for Māori to contribute to
the decision-making processes of the Council.
It is part of the Council’s mission to carry out its various responsibilities by, among other things, taking into
account the Treaty of Waitangi.
A successful community consultation has revealed key themes that will help Taranaki Regional Council improve the future of public transport in the region. The Council’s Executive, Audit & Risk Committee today heard verbal submissions from 19 of the 403 individuals, groups and organisations who gave feedback on the draft Better Travel Choices for Taranaki strategy. The Better Travel Choices for Taranaki strategy will feed into the 2024-2027 planning and funding cycles of the 2024/2034 Long-Term
Yarrow Stadium operated in a limited capacity as both the stands were closed as they are earthquake prone buildings.
There continued to be a small range of events and activities at the Stadium.
In opting to repair and refurbish Yarrow Stadium within a budget of up to $50 million, the Taranaki Regional Council has
reaffirmed its vision for the venue. The vision was reviewed and updated in 2020/2021. It is:
The best regional stadium in New Zealand that regularly hosts local,
Apologies There were no apologies received.
Notification of There were no late items.
Late Items
The chairman, Mr M McDonald acknowledged the passing of David Walter past Chairman
of the Taranaki Regional Council and the Regional Transport Committee.
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1. Confirmation of Minutes – 17 June 2020
Resolved
That the Taranaki Regional Transport Committee:
a) takes as read and confirms the minutes and resolutions of the Regional Transport
Committee meeting of the …