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Lot 9 water deal canned BY SUE NEWMAN
SUE.N@THEGUARDIAN.CO.NZ
Roulston off to Rio P15
The Ashburton District Council has pulled out of a controversial deal to sell land in its business estate to a company that planned to bottle and sell water. In a closed doors meeting late last week, councillors voted to can the deal, saying the buyer, NZ Pure Blue had failed to meet some conditions of the sale by the original deadline, June 30. Those conditions included a business plan detailing how it intended to run its water
bottling plant. Ashburton Mayor Angus McKay said the council had twice, in the past year, agreed to extend the due diligence timeframe for the potential purchaser. “A further extension was requested until September 30 but before we granted that we wanted to know more about the specifics of the operation,” he said. A key element in that assurance was that the council wanted confirmation the plant would be using bottles not water bladders. It also wanted a details of
its proposal for moving Ashburton’s inner town rail head to the business estate. “The purchaser has not provided this information and it has given us enough cause for concern to cancel the Sale and Purchase Agreement. Information was to be supplied by the end of June and it wasn’t forthcoming. Councillors were united in this decision,” Mr McKay said.
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