Lancaster Park fate up in air
Christchurch City councillors will decide the fate of Lancaster Park should negotiations with insurers stall.
Civic Assurance this week said the former AMI Stadium could be repaired despite the council having written off the earthquake-damaged ground and committing to a covered stadium on a central-city site.
Council corporate services general manager Paul Anderson said if no agreement could be reached, councillors would decide the next step.
It was too early to speculate on how a possible stalemate would be broken, he said. "While Civic will come back with what their remediation or reinstatement solution for Lancaster Park is, the ultimate decision-makers are our council," he said.
"They would end up making the final decision based on advice from our engineers and our insurers."
It would take the council's engineers and Civic's loss adjusters time to "work through the differences". "It's a very large claim and we always expected a large degree of scrutiny from the insurers and the reinsurers on this one," he said.
Civic chief executive Tim Sole said yesterday that the reported $45 million repair cost was "somewhat premature".
- © Fairfax NZ News
Would you live in a factory-built home?Related story: Factory-built homes on way