• No public identification of the institutional investor or bank lender(s);
• Negotiations still under way with financial partners, details unknown;
• Confirmation of some water sales still "in the mail" and sales needing to be higher to meet all financial obligations;
• No legal certainty that HBRIC has complied with Board of Inquiry conditions mandating independent peer review of dam design, leaving open the possibility of further cost increases and legal liability;
• No required resolution of outstanding legal challenges regarding the land swap essential to enabling the scheme or regarding consents to expand the dam footprint;
• In fact, with respect to the land swap, with the suggestion that council funds might be expended on construction even while the legal issues remain unresolved; and,
• Having been briefed by Deloitte (again, behind closed doors), absorbing and acting on what they report within hours of receiving their advice.
If one were specifically tasked with concocting a decision-making process offering the absolute minimum of transparency, due diligence and responsible financial and legal stewardship on the part of councillors, this would be the process. It's an abomination.
Nevertheless, it is the process that will force this scheme down the throats of Hawke's Bay ratepayers on Friday, because it's a process that, as usual, enjoys the sleep-walking support of councillors Wilson, Dick, Scott, Pipe and Hewitt.
The Auditor-General, in her findings in the matter of Kaipara Council negligence permitting huge cost overruns with its Mangawhai wastewater scheme, emphasised "the need for members of a governing body to have the courage to keep asking questions until they understand what they are deciding".
She noted that the Kaipara Council had "relied too heavily on its professional advisers and had a practice of receiving briefings and effectively making decisions in informal workshops".
She added: "Workshops cannot replace considering properly prepared and circulated papers at formal meetings of the council."
Disregarding those warnings (I urge all councillors to read her report), the controlling five members of the regional council are determined to push the dam over the line this week, prematurely and for no apparent substantive reason, with all important information discussed behind closed doors.
This process is guaranteed to further damage the reputation of the council with, I submit, the vast majority of those in Hawke's Bay watching this process.
I will use every opportunity I'm afforded tomorrow to challenge this travesty - but, I expect, to no avail.
- Tom Belford is a Hawke's Bay regional councillor.
- Views expressed here are the writer's opinion and not the newspaper's. Email: editor@hbtoday.co.nz