Part A Matters
Requiring a Council Decision
Part B Reports
for Information
Part C Decisions
Under Delegation
Karakia Tīmatanga
The agenda was dealt with in the following
order.
1. Apologies Ngā Whakapāha
Part C
Secretarial note: Councillor Templeton did not join the meeting
Councillor Keown joined the meeting at 9.32am
via audio/visual link during consideration of Item 2.
2. Declarations of Interest Ngā
Whakapuaki Aronga
Part B
Councillors Barber and Scandrett declared an interest in
Item 10 - One New Zealand Stadium at Te Kaha - Elected Members' Update and Item
11 - Venues Ōtautahi – Draft Statement of Intent.
Councillors Henstock and McLellan declared an interest in
Item 12 – ChristchurchNZ Holdings Ltd – Draft Statement
of Intent.
Councillors MacDonald and Coker declared an interest in
Item 13 – Christchurch City Holdings Ltd – Draft Statement
of Intent.
3. Confirmation of Previous Minutes Te
Whakaāe o te hui o mua
Part C
4. Public Forum Te Huinga Whānui
Part B
There were no public forum presentations.
5. Deputations by Appointment Ngā Huinga
Whakaritenga
Part B
There were no deputations by appointment.
6. Presentation of Petitions Ngā
Pākikitanga
Part B
There was no presentation of petitions.
Councillor Fields joined the meeting at 9.34am
during consideration of Item 7.
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7. Key Organisational Performance Results - March 2025
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Committee Resolved FPCO/2025/00087
Officer recommendation
accepted without change
Part C
That the Finance
and Performance Committee:
1. Receives the information in the Key
Organisational Performance Results - March 2025 Report.
Councillor McLellan/Councillor Peters Carried
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8. Financial Performance Report - March 2025
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Committee Resolved FPCO/2025/00088
Officer recommendation
accepted without change
Part C
That the Finance
and Performance Committee:
1. Receives the information in the Financial
Performance Report - March 2025 Report.
Councillor MacDonald/Councillor Barber Carried
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Mayor Mauger joined the meeting at 9.50am
during consideration of Item 9.
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9. Capital Programme Performance Report March 2025
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Committee Resolved FPCO/2025/00089
Officer recommendation
accepted without change
Part C
That the Finance
and Performance Committee:
1. Receives the information in the Capital Programme Performance Report March
2025.
Mayor/Councillor Coker Carried
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Deputy Mayor Cotter left the meeting at 10.04am
and returned at 10.06am during consideration of Item 11.
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11. Venues Ōtautahi - Draft Statement of Intent 2025/26
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Committee
Comment
1.
Elected members raised a number of questions
relating to the operation of One NZ Stadium at Te Kaha which are to be
discussed at a forthcoming workshop with Venues Ōtautahi scheduled for
late May 2025.
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Committee Resolved FPCO/2025/00090
Officer recommendations accepted without
change
Part C
That the
Finance and Performance Committee:
1. Receives Venues Ōtautahi’s
draft Statement of Intent for 2025/26 which includes draft financial cost and
revenue flows for One NZ Stadium at Te Kaha from 2025/26 as well as Venues
Ōtautahi’s business as usual events attraction and venue management
business;
2. Notes Venues Ōtautahi’s advice that its financial
modelling for One NZ Stadium at Te Kaha has produced financial forecasts that
are conservative and realistic and for which it has confidence that only
minor changes will follow for updating in the final Statement of Intent for
2025/26;
3. Notes that Venues Ōtautahi is signalling the profitability of
operating One NZ Stadium at Te Kaha will enable it to:
· forgo Council
funding support over the Statement of Intent three year period of
$3 million for its general events and venue management operations from
2026/27;
· no longer need to
access Council bid incentive funding from the City Partners Group for major
events from 2025/26; and
· reduce subvention
funding to nil from the Council tax group (if ownership of the stadium
remains with the Council);
4. Notes that if the Council retains ownership of One NZ Stadium at
Te Kaha, it will bear the ownership costs of rates and insurance which is
estimated to be around $3 million per annum over the SOI period which has
been provided for in the Council’s budgets; and
5. Notes that the decision in this report is assessed as low
significance based on the Christchurch City Council’s Significance and
Engagement Policy.
Councillor MacDonald/Mayor Carried
Councillor
Barber and Councillor Scandrett, having declared an interest, took no part in
the debate or vote on this item.
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Councillor McLellan left the meeting at 10.18am
and returned at 10.21am during consideration of Item 10.
Councillor Donovan left the meeting at 10.18am
and returned at 10.21am during consideration of Item 10.
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10. One New Zealand Stadium at Te Kaha - Elected Members' Update
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Committee Resolved FPCO/2025/00091
Officer recommendation accepted without
change
Part C
That the Finance
and Performance Committee:
1. Receives the information in the One New
Zealand Stadium at Te Kaha - Elected Members' Update Report.
Mayor/Councillor Henstock Carried
Councillor
Barber and Councillor Scandrett, having declared an interest, took no part in
the debate or vote on this item.
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Deputy Mayor Cotter left
the meeting at 10.23am and returned at 10.25am during consideration of Item 12.
The meeting adjourned at 10.42am and
reconvened at 10.44am to deliberate and vote on Item 12. Councillors Barber,
Peters and Scandrett were not present at this time.
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12. ChristchurchNZ Holdings Ltd - Draft Statement of Intent 2025/26
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Committee
Comment
1.
The Committee requested clarification on the future
urban development work streams of CNZHL and Council and how these will
be aligned.
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Officer
Recommendations Ngā Tūtohu
That the
Finance and Performance Committee:
1. Receives ChristchurchNZ Holdings Ltd’s (CNZHL) draft
Statement of Intent for 2025/26
2. Notes CNZHL’s draft Statement of Intent for 2025/26 and its
detailed business planning is still in progress but will be completed in time
to inform the metrics in the final Statement of Intent for 2025/26, due to
the Council by 30 June 2025;
3. Advises the following shareholder comments on the draft Statement
of Intent for 2025/26 to the CNZHL board pursuant to clause 2, Part 1 of
Schedule 8 of the Local Government Act 2002 – for it to consider:
· providing clarity of ChristchurchNZ Holdings Ltd’s emission
reduction targets and milestones/pathways for achieving them; and
· identifying
interventions supporting local businesses to decarbonise and to build
sustainability practices; and
· noting a more
inclusive expression of its partnership with Papatipu Rūnanga and
Ngāi Tahu; and
4. Notes that the decision in this report is assessed as low
significance based on the Christchurch City Council’s Significance and
Engagement Policy.
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Committee Resolved FPCO/2025/00092
Part C
That the
Finance and Performance Committee:
1. Receives ChristchurchNZ Holdings Ltd’s (CNZHL) draft
Statement of Intent for 2025/26
2. Notes CNZHL’s draft Statement of Intent for 2025/26 and its
detailed business planning is still in progress but will be completed in time
to inform the metrics in the final Statement of Intent for 2025/26, due to
the Council by 30 June 2025;
3. Advises the following shareholder comments on the draft Statement
of Intent for 2025/26 to the CNZHL board pursuant to clause 2, Part 1 of
Schedule 8 of the Local Government Act 2002 – for it to consider:
· providing clarity
of ChristchurchNZ Holdings Ltd’s emission reduction targets and
milestones/pathways for achieving them; and
· identifying
interventions supporting local businesses to decarbonise and to build
sustainability practices; and
· noting a more
inclusive expression of its partnership with Papatipu Rūnanga and
Ngāi Tahu;
4. Requests that Council and CNZHL staff will work together to
provide greater clarity on how CNZHL and the Council will define a programme
of urban development (including housing) activity that is complementary to,
and aligned with, the Council’s wider urban planning and regeneration
initiatives and reports back with an update when the SOI is presented to
Council.
5. Notes that the decision in this report is assessed as low
significance based on the Christchurch City Council’s Significance and
Engagement Policy.
Deputy Mayor/Mayor Carried
Councillor
Henstock and Councillor McLellan, having declared an interest, took no part
in the debate or vote on this item.
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The meeting adjourned at 10.45am at the
conclusion of item 12 and reconvened at 11.05am.
Councillor Scandrett assumed the Chair for
consideration of Item 13 - Christchurch City Holdings Ltd and Group - Draft
Statements of Intent and Item 14 - Resolution to Exclude the Public.
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13. Christchurch
City Holdings Ltd and Group - Draft Statements of Intent
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Committee
Comment
1.
The Committee noted that CCHL have been requested to provide more context and
detail, including on key performance indicators in a number of areas, as part
of their SoI.
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Officer
Recommendations Ngā Tūtohu
That the
Finance and Performance Committee:
1. Receives Christchurch City Holdings Ltd’s (CCHL) draft
Statement of Intent for 2025/26 which presents forecasts of dividends to be
distributed to the Council that are consistent with the draft Annual Plan
2025/26;
2. Receives the draft Statements of Intent for 2025/26 for the
Christchurch City Holdings Ltd subsidiary companies - Christchurch
International Airport Ltd, City Care Ltd, EcoCentral Ltd, Enable Services
Ltd, Lyttelton Port Company Ltd, Orion NZ Ltd, Development Christchurch Ltd
and RBL Property Ltd;
3. Provides the following shareholder comments to the Christchurch
City Holdings Ltd board for its consideration for the final Statement of
Intent for 2025/26:
a. that it considers additional content that clarifies its leadership
role and commitments in achieving greenhouse gas emissions reductions across
the Christchurch City Holdings Ltd group; and
b. reiteration of the Council’s expectation that Christchurch
City Holdings Ltd will continue to work closely with Council staff to share
information on the approach to reducing emissions across the group, the
challenges it faces and the individual subsidiary and consolidated group
carbon emissions reductions targets.
4. Notes that the decision in this report is assessed as low
significance based on the Christchurch City Council’s Significance and
Engagement Policy.
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Committee Resolved FPCO/2025/00093
Part C
That the
Finance and Performance Committee:
1. Receives
Christchurch City Holdings Ltd’s (CCHL) draft Statement of Intent for
2025/26 which presents forecasts of dividends to be distributed to the
Council that are consistent with the draft Annual Plan 2025/26;
2. Receives
the draft Statements of Intent for 2025/26 for the Christchurch City Holdings
Ltd subsidiary companies - Christchurch International Airport Ltd, City Care
Ltd, EcoCentral Ltd, Enable Services Ltd, Lyttelton Port Company Ltd, Orion
NZ Ltd, Development Christchurch Ltd and RBL Property Ltd;
3. Provides
the following shareholder comments to the Christchurch City Holdings Ltd
board for its consideration for the final Statement of Intent for 2025/26:
a. that
it considers additional content that clarifies its leadership role and
commitments in achieving greenhouse gas emissions reductions across the
Christchurch City Holdings Ltd group; and
b. reiteration
of the Council’s expectation that Christchurch City Holdings Ltd will
continue to work closely with Council staff to share information on the
approach to reducing emissions across the group, the challenges it faces and
the individual subsidiary and consolidated group carbon emissions reductions
targets.
4. Noting that CCHL have been requested to provide more
context and detail, including on key performance indicators, to measure
engagement, culture, and industrial relations, across the CCHL subsidiaries.
5. Notes that the decision in this report is assessed as low
significance based on the Christchurch City Council’s Significance and
Engagement Policy.
Councillor Scandrett/Councillor Johanson Carried
Councillor Keown requested that his vote
against the resolutions be recorded.
Councillor Coker
and Councillor MacDonald, having declared an interest, took no part in the
debate or vote and sat back on this item.
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14. Resolution
to Exclude the Public Te whakataunga kaupare hunga tūmatanui
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Committee Resolved FPCO/2025/00094
Part C
That at 11.34am the resolution to exclude the public set out on
pages 444 to 446 of the agenda be adopted.
Councillor Scandrett/Mayor Carried
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The public were re-admitted to the meeting
at 12.18pm.
Karakia Whakamutunga
Meeting
concluded at 12.19pm.
CONFIRMED THIS 28th DAY
OF MAY 2025
Councillor Sam MacDonald
Chairperson
