Post by Kiwi Frontline on Nov 7, 2020 2:11:11 GMT 12
AUCKLAND IWI BECOMES PROUD OWNER OF SCHOOL PROPERTIES
Te Kawerau ā Maki and the Accident Compensation Corporation have become proud owners of four schools in Auckland as part of the tribe’s Treaty Settlement.
The deal involves the purchase and lease back of Campbells Bay Primary, Waterview Primary, Henderson Primary and Matipo Primary School, under the terms of Te Kawerau’s historic Treaty of Waitangi settlement agreement.
The properties are held by a joint venture partnership called Te Kawerau Iwi Schools LP and leased back to the Ministry of Education to provide continued education services.
ACC contributed funding to the partnership which is to be repaid over the next 30 years.......
www.scoop.co.nz/stories/AK2011/S00135/auckland-iwi-becomes-proud-owner-of-school-properties.htm
Te Kawerau ā Maki and the Accident Compensation Corporation have become proud owners of four schools in Auckland as part of the tribe’s Treaty Settlement.
The deal involves the purchase and lease back of Campbells Bay Primary, Waterview Primary, Henderson Primary and Matipo Primary School, under the terms of Te Kawerau’s historic Treaty of Waitangi settlement agreement.
The properties are held by a joint venture partnership called Te Kawerau Iwi Schools LP and leased back to the Ministry of Education to provide continued education services.
ACC contributed funding to the partnership which is to be repaid over the next 30 years.......
www.scoop.co.nz/stories/AK2011/S00135/auckland-iwi-becomes-proud-owner-of-school-properties.htm