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Showing posts with label earthquake-prone. Show all posts
Showing posts with label earthquake-prone. Show all posts

Wednesday, September 23, 2015

Mike Butler: How the Opera House was devalued


Incomplete advice from engineers plus council indecision has destroyed of the value of the Hawke’s Bay Opera House.

Accounting manager Joanne Guildford told the Hastings District Council’s finance committee that a further $3.738-million “impairment” in the value of the buildings needed to be recorded for 2014/15.