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“There’s a number of BnBs there that have become established since the trail was established. A coffee cart, a café, a service station. They all rely on the Timber Trail traffic as well. So we are not talking about the [Timber Trail] businesses, we are talking about the trail as a tourist attraction,” she said. “We have invested money in Hamilton Waikato Tourism, we need to invest money at the other end because our district goes down to the other end as well. “So we are investing money there to attract people from the south. “We are not talking about businesses we are talking about economic development for the future of our district. To give opportunity for people to engage in business or to be employed – so we don’t end up a little ghost town.
Investing in the Timber Trail: Saving a village for $15,000 rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.
Waitomo District Council is being warned its rate take will plummet if the conversion of pastoral farms for the purpose of carbon farming continues at its current rate.
File photo: Figures provided by Federated Farmers show a big loss in rates when the land is converted for carbon farming
Photo: 123rf
When farms were planted in pine trees, the capital value plummeted as did the rates able to be taken from the property, Waitomo businessman Kyle Barnes told councillors in a submission to its 10 year plan hearings.
Barnes told the council New Zealand Carbon Farming (NZCF) was buying or leasing farmland for carbon sinks - a reservoir that absorbs carbon.