On 17 April 2025, the Property Council submitted on Hamilton City Council’s Local Water Done Well.
Why this matters to our members
The proposal for Hamilton City Council to form a multi-Council Controlled Organisation (CCO) governed by an independent Board of Directors is important for our members as it will allow for a more strategic approach to decision-making and asset management.
Our view
We support the establishment of a CCO between Hamilton City Council and Waikato Regional Council to allow for improved governance and a more strategic approach to decision-making and asset management.
Councils across New Zealand have historically underinvested in infrastructure, resulting in today’s funding and financing challenges. The establishment of a CCO would allow a separate balance sheet to borrow the money needed for infrastructure upgrades and spread it more fairly over generations. It would not be limited to the Council’s current balance sheet.