Log In

Reset Password

GHL chairman: ‘It has been a good year’

Gisborne Holdings Limited is looking to build on the success of its major project, the Gisborne District Council administration building, the annual meeting was told by chairman Rob Telfer.

This had been a good year for the council-owned company, starting with the new council building, he told the meeting.

“It was probably a test for us and we were adamant we wanted it to come in on time and we are very proud to have accomplished that,” he said.

All reports were that everybody was happy with the building. That was proof they could operate next year and achieve some of the things they wanted to do.

The next stage had been the holiday park with its pool and apartment style accommodation, which was timed for pre-Christmas.

They were also very happy with that.

In regards to the Tauwhareparae farms, Mr Telfer said there was a good commodity price for sheep and beef this season. The season and the staff were going well.

GHL was investigating the development of the Childers Road property it had bought and would update the council on that.

It also bought a property in Banks Street next door to the wastewater plant. That was to upgrade the operation of the plant.

One of the crucial things going forward was the development of the holiday park and putting in more apartments.

Another important piece of infrastructure they really needed to move forward with was the Wairangi Road extension. It was crucial as an access for harvesting their trees and getting to metal supplies.

They would be working closely with Tairawhiti Roads as it was highly important for the East Coast.

Mr Telfer said the council had given them permission to go ahead with a heavy traffic bypass feasibility report. It was expected to come back to them before Christmas.

He thanked all the GHL and Tauwhareparae Farms Limited staff for their tireless efforts.

The company was making a cash distribution of $1.2 million to GDC, which was $200,000 above its statement of intent, and they were happy with that.

He thanked retiring director Bob Proudfoot for the time he had given to GHL. The company operated as Tauwhareparae Farms for 30 years but with the assets coming over to GHL, there had been a lot of changes, and the entire process had benefited from Mr Proudfoot’s input.

Acting mayor Rehette Stoltz acknowledged the GHL directors and staff. They had a great and open relationship with the council, who wanted to build on that.

Pat Seymour thanked the farm staff who she said worked in an isolated area with access difficult in the winter and without whom the farms could not succeed.