Auckland councillors are questioning a $16.8 million ratepayer contribution to a planned new dry dock for superyachts, which Herald readers have strongly opposed.
The council-owned body Waterfront Auckland is asking ratepayers to chip in that amount so the local marine industry can get a bigger slice of servicing superyachts. It claims the dock would generate significant jobs and growth for the city.
It wants to build a $45.3 million lift-out facility on vacant land at Wynyard Quarter in partnership with Orams Marine. A further $90 million of private investment and other facilities are expected to follow.
Mayor Len Brown is backing the project but several councillors are questioning ratepayer involvement in the private sector.
Councillor Mike Lee said the former Auckland Regional Council - which he chaired - fought hard against plans by the Ports of Auckland to price the marine industry out of Wynyard Quarter and replace it with office blocks and apartments.