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What’s happening with boat sales?


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3 hours ago, Black Panther said:

Is sandpit filling up with mud as some predicted?

No.

And the basic problem there is it was "an esteemed marine biologist" who made those predictions, unfortunately he did not know the first thing about basic fluid dynamics. You needed an engineer to comment on the silting, not a marine biologist. Its a bit like getting a lawyer to build you a house. They sound flash and knowledgeable, just have no idea which end to hold the hammer.

I can give you a run down on the basic first years physics mistake Mr marine biologist made, if you are interested. But it's a bit of thread drift. I think at the time it served its purpose to get all the marina opponents frothing at the mouth. Like fake news, it doesn't really matter now.

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Haha! My retirement dream is to put together a consortium to build a sustainable marina somewhere in the Auckland region - and it would be for sailing boats only...

56 minutes ago, dutyfree said:

I heard about 100 on the waiting list for the 14m plus berths at Westhaven.

Are Westhaven selling licences for the new berths or still just proposing rentals?

I had heard they were rethinking this as Westhaven has been transferred back to Council in some financial sleight of hand, Council is basically broke (thanks to CRL) and they need to find the money from somewhere to fund the extension.

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11 hours ago, marinheiro said:

Are Westhaven selling licences for the new berths or still just proposing rentals?

I had heard they were rethinking this as Westhaven has been transferred back to Council in some financial sleight of hand, Council is basically broke (thanks to CRL) and they need to find the money from somewhere to fund the extension.

The 'ownership' was quickly flicked back to the council from panuku to avoid paying some tax. Nothing solid on what's the plan when the trusts wind up, it has many very concerned. Berths below 12m are being removed in favour of 12mt +

The council is currently borrowing another 500 million bucks via a bond paying 2.95%. A nice one to jump into at that rate if your an investor, not so much as a ratepayer as most other bonds are flying out the door at closer to 2%.

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