Post Office Hotel Is Good News For City

The report that the Old Post Office in the Exchange will be developed as a hotel, is the best news that Dunedin has had for a long time. A City is made prosperous by private investment such as this, not by Council projects such as the Stadium and Town Hall upgrades which must be subsidised by tens of millions of ratepayers dollars.
And now the plans for moving the Library have been scuttled. This gives the opportunity to put the plans for a new Library on long-term hold, and remove $20 million from the DCC Long Term Plan. Rates are currently projected to rise by 65% over the next 8 years, which is totally unacceptable. We already have a perfectly good library. A new library is a luxury that the City cannot afford.