Page 35 - 16133 Ten Year Plan

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THe COuNCIL IS a KeY
CONTRIbuTOR TO
eNHaNCING HaMILTON’S
eCONOMY. We SuPPORT
aND FOSTeR INveSTMeNT
IN THe CITY.
ECONOMIC DEVELOPMENT
We work with external agencies to develop
and improve the local economy. This includes
initatves such as funding for the regional tourism
organisaton, event sponsorship, support for the
central city business improvement agency and
central city initatves like actvites in Garden Place.
STRATEGIC PROPERTY INVESTMENT
This actvity manages two funds – the Domain
endowment Fund and the Municipal endowment
Fund – and administers 127 leases across a broad
WhAt We Do:
econoMic DeveloPMent
strateGic ProPerty
investMent
ClAuDelAnDs
WAiKAto stADiuM AnD
seDDon Park
Cashing in...
city ProsPerity
range of Council-owned propertes. both funds are
required by law to be invested in property, in order
to maximise the fnancial return for the city.
The Domain endowment Fund proceeds are used
to buy land for reserves and for the creaton,
improvement and development of reserves and
parks within the city.
The Municipal endowment Fund is invested in
commercial propertes and income from it is used
to ofset rates.
Other propertes include Council-owned and
occupied buildings and Council-owned and leased
commercial buildings.
CLAUDELANDS
Claudelands is a versatle complex that caters for a
variety of events and functons. It includes a mult-
purpose indoor arena for up to 5000 spectators,
conference facilites for up to 1200 delegates and
exhibiton and show facilites.
WAIKATO STADIUM AND SEDDON PARK
Waikato Stadium is one of New Zealand’s premier
venues for internatonal and natonal sports, live
performances and functons. It hosts a range of
events including internatonal rugby and concerts.
The stadium also has a number of lounges that are
12
%
of your rAtes
goes
towards
city ProsPerity.
The Council’s
investMent
ProPerties
have had
a
Gross return
Per annuM
of over
10
%.
DiD you KnoW?
You can enjoy
free Wifi
in GArDen
Place.
Just choose the ‘hamiltonline’
network on your device.
Just choose the ‘hamiltonline’
2 0 1 2 - 2 2 1 0 - y E a r p l a n
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