This Cabinet paper and related Cabinet minute have been proactively released by the Minister for Greater Christchurch Recovery.
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Extract from Cabinet Minute DEV-19-MIN-0253: Final Proposed Global Settlement Agreement with Christchurch City Council
On 18 September 2019, the Cabinet Economic Development Committee (DEV):
1.1 on 10 December 2018, DEV approved the negotiating parameters for the Crown’s global settlement negotiations with the Christchurch City Council (the Council) [DEV-18-MIN-0285];
1.2 on 3 April 2019, DEV noted an update on the progress of the negotiations and approved revised negotiating parameters [DEV-19-MIN-0068];
2noted that in May 2019, joint Ministers (the Minister of Finance and the Minister for Greater Christchurch Regeneration) and the Mayor of Christchurch confirmed an Agreement in Principle that sets out the proposed high-level agreements;
3noted that Crown and Council officials have since negotiated detailed terms to give effect to the in-principle agreements, and that on 8 August 2019 the Council agreed to the proposed Global Settlement Agreement, subject to amendments;