The Auckland Council has voted to use a special dividend of $83.9 million from Auckland Airport to pay down debt.
The council received the dividend as a 22.4 per cent shareholder in the airport.
The council voted unanimously this morning to use the windfall to repay debt.
Mayor Len Brown said it was appropriate and prudent to repay debt.
Councillor Dick Quax said one of the first things "we teach our children when it comes to debt and if you get a windfall when your grandmother dies the first thing you do is pay off debt".
