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Budget 2013 Home Page The Estimates of Appropriations 2013/14

Vote Canterbury Earthquake Recovery

MINISTER(S) RESPONSIBLE FOR APPROPRIATIONS: Minister for Canterbury Earthquake Recovery (M85)

ADMINISTERING DEPARTMENT: Canterbury Earthquake Recovery Authority

MINISTER RESPONSIBLE FOR CANTERBURY EARTHQUAKE RECOVERY AUTHORITY: Minister for Canterbury Earthquake Recovery

Overview of the Vote

The Minister for Canterbury Earthquake Recovery is responsible for appropriations in Vote Canterbury Earthquake Recovery for the 2013/14 financial year covering the following:

Central Business District Rebuild Zone (Non-Departmental Appropriations)
  • a total of $90 million for the development of Te Papa o Otakaro / Avon River Precinct
  • a total of $71 million for the development of the City Frame
  • a total of $28 million for the development of other Anchor Projects
  • a total of $19 million for the holding costs relating to Anchor Project land.
Residential Red Zone (Departmental and Non-Departmental Appropriations)
  • a total of just under $89 million for red zone property management costs
  • a total of just over $5 million for the demolition and related costs and compensation for residential red zone properties
  • a total of just under $1 million for a contribution to vendor legal fees for red zone property acquisitions.
Other Departmental Appropriations
  • a total of just over $50 million to support the activities of the Canterbury Earthquake Recovery Authority and Christchurch Central Development Unit
  • a total of just over $4 million for the purchase of policy advice.

A request to transfer any underspends in the 2012/13 appropriations to 2013/14 has been approved. The actual value of funding available for 2013/14 will be confirmed following the preparation of the 2012/13 audited annual accounts.

Details of these appropriations are set out in Parts 2-6 for Vote Canterbury Earthquake Recovery in the Information Supporting the Estimates of Appropriations.

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