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Post by Kiwi Frontline on Mar 10, 2020 3:36:20 GMT 12
IWI GET CASH PAYMENT OF $7.7M IN DEAL DONE OVER $200M TARANAKI ROAD PROJECTA $7.7 million cash payment is part of a deal done between a Taranaki iwi and a Government agency over plans to build a new $200m road in the region. The amount of taxpayer-cash involved in the deal had been under wraps until now, but the overall package represents a multimillion-dollar boost for Ngāti Tama and one designed to benefit it over generations. The deal includes: $7.7m to compensate for cultural impact; a land swap involving a 120 hectare property in Urenui, which NZTA previously bought for $1.2m; pest management in perpetuity over 3650 hectares of its land including Parininihi estate; work and business opportunities for iwi members and a role in the project's cultural design. In terms of the pest management, this part of the mitigation package represents millions of dollars alone..... www.stuff.co.nz/taranaki-daily-news/news/120058396/iwi-get-cash-payment-of-77m-in-deal-done-over-200m-taranaki-road-project
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