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Speaker 1: The city and regional deals that the government has been

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Speaker 1: banging on are about a one step closer to reality.

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Speaker 1: Three regions have now signed MoU with the government. One

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Speaker 1: is the Western Bay of Plenty including Todung and Todung

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Speaker 1: is me and my head Drysdale is with us.

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Speaker 2: Now, hey maham, Good evening, Heather.

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Speaker 1: This MoU is basically where you start the negotiations, isn't.

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Speaker 2: It It is so it's been a long process to

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Speaker 2: get to hear, but no, it's now time to sit

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Speaker 2: down at the table and start the real work.

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Speaker 1: What do you want to get out of it?

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Speaker 2: We want certainty, you know around investment into our region.

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Speaker 2: We want some new tools to be able to help

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Speaker 2: us with our infrastructure and unlock some of the infrastructure

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Speaker 2: so we can deliver the houses. We can deliver the

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Speaker 2: infrastructure that's required to get those houses, we can deliver jobs,

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Speaker 2: and we can deliver the economic growth that the government

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Speaker 2: keeps talking about.

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Speaker 1: When you say tools, you mean money.

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Speaker 2: It's well, it is money ultimately, but it's how we

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Speaker 2: can get that money, and that's what we're How.

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Speaker 1: Do you get that money? Don't they just give you

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Speaker 1: the money?

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Speaker 2: No, it's you know, it's I guess it's one of

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Speaker 2: those things that as a negotiation they've said there's no

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Speaker 2: extra extra money on the table, but it's sharing in

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Speaker 2: some of the good parts of growth. And you know,

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Speaker 2: for example, we build infrastructure and two thousand houses, we

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Speaker 2: get a big debt on our balance sheet and that

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Speaker 2: gets paid off over the next ten to twenty years

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Speaker 2: through development contributions and the government get or the GST

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Speaker 2: and the income tax of us delivering that growth. So

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Speaker 2: it's just you know, a little bit more of a

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Speaker 2: two way street that they help us with some of

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Speaker 2: that growth through what they're getting from us delivering that growth.

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Speaker 1: Okay, and how long do you imagine this will take?

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Speaker 2: Oh, look, they've said they want the first deal by

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Speaker 2: the end of a year. I guess we feel like

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Speaker 2: we're in a pretty good position and the fact that

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Speaker 2: we don't have election. The other two regions have an

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Speaker 2: election to navigate through October, so that's going to be

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Speaker 2: pretty hard to negotiate. So we're hopeful that we might

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Speaker 2: be first and we'll be have a deal by the

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Speaker 2: end of the year.

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Speaker 1: Listen, mahe can I ask you is it okay? I mean,

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Speaker 1: can you really tell me it's a chill thing to

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Speaker 1: do to put up your rates by ten percent when

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Speaker 1: you guys have just signed a lease for like, what

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Speaker 1: is it, ninety two million dollars for a council building.

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Speaker 1: That's big, isn't it.

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Speaker 2: Yeah, look at this, this is a something that keeps

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Speaker 2: coming up. Look, at the end of the day, we

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Speaker 2: need a place to to lease. We were leasing other

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Speaker 2: buildings up until now. You know, this wasn't a decision

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Speaker 2: we made, but it's it is.

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Speaker 1: A decisions.

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Speaker 2: The commissioners that they signed the lease in about twenty

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Speaker 2: twenty one.

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Speaker 1: We can't undo it.

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Speaker 2: Oh no, not at all. It's it was done and

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Speaker 2: dusted by the time we got there. But you know,

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Speaker 2: at the end of the day, it's not that much

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Speaker 2: more expensive than the three buildings we're leasing around town

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Speaker 2: to house our staff. You know, council has to how's

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Speaker 2: this stuff? And you know, it's been great to have

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Speaker 2: the community come through and we've been leading tours. We'll

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Speaker 2: do more tours next week, you know, getting people through,

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Speaker 2: they can see the working environment. It's not any different

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Speaker 2: to most of the other offices. But yeah, it is.

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Speaker 2: I see where it is. We're for timing and the

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Speaker 2: look of it.

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Speaker 1: Yeah, I'm glad you can see that my hair. Thank you,

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Speaker 1: look after yourself my head. Risdale's turning a mayor.

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Speaker 2: For more from Heather Duplessy Allan Drive. Listen live to

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Speaker 2: news Talks.

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Speaker 1: It'd be from four pm weekdays, or follow the podcast

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Speaker 1: on iHeartRadio