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Timaru District Council’s draft Long Term Plan (LTP) proposes capital expenditure of more than $530 million over the next 10 years. (File photo)
An ambitious proposed capital works programme costing more than half a billion dollars over the next 10 years is outlined in the Timaru District Council s draft Long Term Plan (LTP). Timaru District mayor Nigel Bowen said although the $530 million capital spending project was “ambitious”, much of what needed to be spent was on essential infrastructure, including projects such as the Pareora Pipeline. “There is a real need for quality infrastructure and core renewal of our assets,” Bowen said.
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Buildings on Stafford St owned by the Timaru District Council from the Theatre Royal, left, to the property containing the Royal Garden Chinese Restaurant.
The Timaru District Council has extended its property holdings along Stafford St with the $440,000 purchase of the building containing the Royal Garden Restaurant. The purchase of 134-138 Stafford St is in line with council’s moves to create a Heritage Precinct as it begins a multi-million dollar upgrade of the Theatre Royal that will also see the South Canterbury Museum relocated to the area. Council now owns a sizeable proportion of the lower end of Stafford St but at this stage has no definitive plans for the site, with group manager for commercial and strategy, Donna Cross, saying “there are a number of options for the property .