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LTCCP Amendment July 2011

 

The Council is considering participating as an “Establishing Shareholding Local Authority” in the New Zealand Local Government Funding Agency Limited (LGFA), which will be a Council Controlled Trading Organisation (CCTO).

The LGFA is being established by a group of local authorities and the Crown to enable local authorities to borrow at lower interest margins than would otherwise be available.


The statement of proposal may be inspected and obtained from:

Submissions open Tuesday 12 July 2011 and close at 5pm,Monday 15 August 2011.

Further information