Monday, June 10, 2013

Central Highlands Council Considers Selling Emerald Airport for Community Future

From the CQ News:

The Central Highlands Regional Council will consider selling off the Emerald Airport to shore up service provision of essential community infrastructure for ratepayers. A report from Brisbane-based consultants in June will determine the future of the airport, amongst other council assets and services.

The Council is always watching its debt-to-equity ratio, and part of this whole process is to investigate whether some council assets could be sold or leased for a price, and for the benefit of that to help council reduce debt or invest in some other areas for better services to the community.

Central Highlands Regional Council Mayor Peter Maguire, who routinely removes himself from involvement in any airport discussions, said he was against any sale.

However, Councillor Paul Bell recounted by suggesting the airport was a profitable operation and any move to divest all, or part of it, would be following corporate models already set by the Gladstone and Mackay councils.

No comments:

Post a Comment