and makes up around 10% of the city’s GDP.
Hamilton’s manufacturing sector employs
More thAn
9000PeoPle
used for a variety of functons.
Seddon Park is an internatonal standard cricket
facility. although the venue is predominantly used
for cricket, it has also been used for other sports
and entertainment events. The pavilion has two
lounges suitable for functons.
Our plans
The city’s economic development strategy will
be reviewed in 2012/13 in consultaton with key
stakeholders. We will be considering optons to
deliver the best value for money from the Council’s
investment in economic development.
The outcome of the review will determine how the
budget will be allocated. We are also considering
whether to sell some of our assets to ofset against
debt.
In the current constrained fnancial environment the
Council must be vigilant to ensure it is making the
most of its investments and maximising income from
its event facilites. These facilites are subject to extra
governance oversight to achieve revenue targets.
Funding the Council provides towards growing
our local economy must be properly targeted to
achieve the greatest return.
The four Waikato Stadium light
towers are 50m high and have
250BulBsPerHeaD.
seDDon Park
was originally
named after former New Zealand
Prime Minister Richard John Seddon.
Changes to CBD rates
To further encourage development and vitality
in the CBD, we have made two changes to
ratng for the CBD’s commercial propertes:
• The Business improvement District area
has been expanded to include more
commercial propertes which pay a
targeted rate.
• CBD ratepayers will pay 5% less commercial
rates than other commercial ratepayers in
the city.
These changes will come into effect from
1 July 2012.
In 2011
ClAuDelAnDs
hosteD 23 ConferenCes
at its new facilities.
Seddon Park is an internatonal standard cricket
facility. although the venue is predominantly used
for cricket, it has also been used for other sports
Seddon Park is an internatonal standard cricket
facility. although the venue is predominantly used
for cricket, it has also been used for other sports
Seddon Park is an internatonal standard cricket
facility. although the venue is predominantly used
Seddon Park is an internatonal standard cricket
facility. although the venue is predominantly used
for cricket, it has also been used for other sports
H a m i lt o n C i t y C o u n C i l
36