City/ Peoples Assets

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I would like to see Invercargill come together as a newcomer!

I hear people complain left, right and center and here is a rough plan how poverty could be beaten to a degree.

Why can we as a City not do what a bank can do? Why can rates and other City incomes not be an investment from the people to the City?

We would elect investors that invest our fees and rates sensible until that money we have lend makes a profit and we get it back or re-invest into the next project that benefits the City and its people?

For example the idea for Inner City Living that I have posted, so there would be a rental return coming in for us, that we could again use for further investments into the City.

I will mention a few more in a post called: Strategic Routes Through The City

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One comment

  1. Lin ( User Karma: 1 ) says:

    bottling water from Deep cove tail-race. Maybe a pipe from the tail race to a bottling boat out at sea. $1.00/ltr a bottle of pure H20.
    We do have Bond contracting, but we only hear from them when we haven’t made any money towards our rates – thats right, when they need a bail out!
    What about something similar to Hamner Springs spa pools etc. that sets off the Hurunui district rates. What about a conference centre in the CBD (that makes me laugh) anyway. Large enough for conferences, some accommodation but most of all some retail in a mall under the conference rooms and a large indoor park for kids to play at when its wet. All proceeds offset our rates. And we do not need the ILT to step in and help themselves. This is solely rates income not profit for the corporate profits. Let Invercargill breath and grow.

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