ANNUAL REPORT 2012 2012 Marks a Significant Milestone Achievement for Trustpower of 10 Consecutive Years % of EBITDAF Growth

Total Page:16

File Type:pdf, Size:1020Kb

ANNUAL REPORT 2012 2012 Marks a Significant Milestone Achievement for Trustpower of 10 Consecutive Years % of EBITDAF Growth ANNUAL REPORT 2012 2012 MARKS A SIGNIFICANT MILESTONE ACHIEVEMENT FOR TRUSTPOWER OF 10 CONSECUTIVE YEARS % OF EBITDAF GROWTH. COMPOUND22 GROWTH IT’S A TESTAMENT TO THE RELENTLESS ‘CAN DO’ OVER 10 YEARS ATTITUDE OF OUR STAFF AND THEIR CONTINUAL DRIVE TO INNOVATE AND ENHANCE ALL ASPECTS OF OUR BUSINESS, PROVIDING A STRONG FOUNDATION FROM WHICH WE CAN CONTINUE TO GROW. Throughout this year’s Annual Report we acknowledge some of the many achievements that have contributed to our success, and that will go a long way towards transforming TrustPower from a successful New Zealand electricity supplier to a leading provider of utilities at home and beyond our shores. TRUSTPOWER ANNUAL REPORT / 2012 01 GENERATING RESULTS 14 EMPOWERING 12 OUR RETAIL TEAMS CONTENTS 02 WHO WE ARE 17 03 HIGHLIGHTS & STRATEGIC FOCUS 04 DIRECTORS’ REPORT LEADING 07 BOARD OF DIRECTORS GROWTH 08 CHIEF EXECUTIVE’S REPORT 10 MANAGEMENT TEAM 12 GENERATING RESULTS 14 EMPOWERING OUR RETAIL TEAMS 16 DEMONSTRATING OUR COMMITMENT 17 LEADING GROWTH 18 COMMUNITY AWARDS RECOGNISE EXCELLENCE 20 IRRIGATION INITIATIVES 22 ABOUT OUR SUSTAINABILITY REPORT 23 SUSTAINABILITY OUTLOOK 24 OUR CUSTOMERS 25 OUR COMMUNITY 26 OUR PEOPLE 27 OUR VALUES 28 OUR ECONOMIC PERFORMANCE 30 OUR ENVIRONMENT 32 STAKEHOLDER INTERACTION 34 CORPORATE GOVERNANCE STATEMENT 37 FINANCIAL STATEMENTS 2012 38 AUDITORS’ REPORT 75 STATUTORY INFORMATION 78 SECURITY HOLDER INFORMATION COmmunitY 80 DIRECTORY awarDS 80 FINANCIAL CALENDAR reCOgnise 16 EXCellenCE DEMONSTRATING 18 OUR COMMITMENT irrigatiON initiatiVes 20 02 SUSTAINED GROWTH FROM WITHIN FROM WHO WE ARE _ WITHIN We own 630MW of hydro and wind generation spread throughout New Zealand as well as the 100MW Snowtown Wind Farm in South Australia. These assets produce an average of 2,790 GWh per year. Our first irrigation asset, a pumping facility using water from our Highbank hydro generation scheme, has completed its first full season of operation. We supply electricity to around 209,000 customers and provide 38,000 telecommunications services to 25,000 customers throughout New Zealand. We have 456 full time equivalent employees working throughout New Zealand and three employees in Adelaide. Around 65% of New Zealand employees are based in our Tauranga head office. TRUSTPOWER ANNUAL REPORT / 2012 03 04 SUSTAINED GROWTH FROM WITHIN DIRECTORS’ REPORT BRUCE HARKER _ CHAIRMAN FINANCIAL PERFORMANCE of the financial year TrustPower refrained Underlying return on average equity, TrustPower’s consolidated profit after tax from actively acquiring customers to ensure adjusted for fair value movements on was $131.7 million for the year ended a seamless transition for the replacement of financial instruments impairment charges 31 March 2012. This represents an increase its core customer billing and information and excluding the impact of the of 17% compared with $112.4 million for system. During this period there were also revaluation of generation assets at the same period last year. Impacting on good opportunities to place product with balance date, was 9.6% (compared to the current year result was fair value losses commercial customers and via the ASX 8.2% in the previous year). on financial instruments of $7.5 million in preference to mass market placement. Group operating cash flow was strong primarily resulting from a fall in long For the first half of the financial year at $268.3 million for the 2012 financial term interest rates over the period that wholesale electricity prices remained year versus $224.0 million in the prior year. negatively impacted the value of the subdued due to above average levels of Group’s interest rate hedging portfolio. hydro storage. However, inflows into FINANCIAL POSITION Underlying earnings after tax South Island hydro storage catchments TrustPower’s balance sheet as at excluding fair value movements on have been below average in the second 31 March 2012 remains solid, with financial instruments and one-off half which has caused national storage shareholders’ funds of $1.57 billion and impairment charges were $135.5 million levels to fall below 80% of average. This total assets of close to $2.8 billion. compared with $116.5 million in the has caused wholesale prices for electricity In accordance with its accounting previous year, an increase of 16%. to rise above average during this period. policies, TrustPower undertook an Earnings before interest, tax, TrustPower’s hydro catchments fared independent valuation of its generation depreciation, amortisation, fair value better during this period and the Group assets as at 31 March 2012. The movements of financial instruments and was able to benefit from higher prices independent valuation was undertaken by asset impairments (EBITDAF) were by selling surplus generation in the Deloitte Corporate Finance and has $300.1 million, compared with the wholesale market. resulted in an uplift in the value of $274.4 million achieved in the previous The Group’s New Zealand generation generation assets of $193.4 million. year representing an increase of 9%. production of 2,582GWh was up 295GWh Debt (including subordinated bonds) to This is the 10th consecutive year of (13%) on the previous year and 7% above debt plus equity decreased to 33.3% from earnings growth achieved by the Group the expected long term average. Total hydro 36.3% at prior year end, as a result of on this measure. production was up 197GWh (11%) on reduced borrowing levels and the impact of Operating revenue increased 5% from the previous year and 14% above the the generation asset revaluation. TrustPower $766.0 million in the previous year to expected long term average due to above continues to maintain conservative levels of $807.1 million. Operating expenses including average inflows over the course of the committed credit facilities. As at 31 March energy and line costs increased 3%. year into both North and South Island 2012 Group net debt was $762.4 million. Total electricity volume sold by the catchments. Excluding generation from TrustPower has recently accepted offers to Company in New Zealand was 3,960GWh, the newly commissioned Mahinerangi refinance $125 million of bank facilities compared with 4,033GWh in the year to Wind Farm, wind production was flat on due to mature in July 2012. These facilities 31 March 2011. Customer numbers the previous year but down 9% on the will be increased to $175 million and decreased from 221,000 as at 31 March expected long term average. extended in two tranches to July 2015 2011 to 209,000 as at 31 March 2012. Wind production from the Snowtown and July 2016. Following this refinancing While retail market remains highly Wind Farm in South Australia was the Group will have NZD equivalent competitive TrustPower continues to 376 GWh which was 48GWh (15%) 1.25 billion of committed debt facilities experience lower levels of customer churn higher than the previous year but 3% lower and over NZD equivalent 450 million of than the market. Over the last four months than the expected long term average. undrawn facilities. TRUSTPOWER ANNUAL REPORT / 2012 05 “THIS IS THE 10TH CONSECUTIVE YEAR OF EARNINGS GROWTH ACHIEVED BY THE GROUP.” CAPITAL STRUCTURE pump at its Highbank Hydro Scheme TrustPower has $108.5 million of later this year. subordinated bonds maturing in September TrustPower expects that electricity of this year. Although a final decision has prices will become more volatile over time not been made, TrustPower expects that and consequently generation capacity it will make an offer to existing holders which is able to meet peak demand will to replace the bonds at maturity combined become more valuable. Many of with a retail market offer. More detail TrustPower’s hydro generation assets will be provided in the coming months. have peaking capacity and a detailed Purchases of TrustPower’s shares have review has been undertaken to identify continued under the Company’s Share potential enhancement opportunities that Buyback Programme for which a three can increase peaking capacity in the short year extension was approved at the Annual to medium term. As a result, the Group Meeting in July 2011. The approval has set itself a target to identify generation allows the Company to purchase up to enhancement opportunities within the 5 million shares over a three year period. existing portfolio that can create further 663,257 shares have been purchased at shareholder value. an average cost of $7.05 during the year The 3.8MW Esk Hydro generation to 31 March 2012. This represents 8% of project is now under construction and is total TrustPower shares traded over the expected to be completed by June 2013 period and the average purchase price per at a cost of around $13 million. share compares to an average price of During the last year the Company has $7.19 for the total number of TrustPower undertaken detailed geotechnical and shares traded during this period. civil design studies for the Arnold Hydro Scheme. Following this work it has been GENERATION DEVELOPMENT determined that the project will not, at AND CAPITAL EXPENDITURE this stage, be progressed further due to TrustPower has recognised for some time project economics not being sufficiently the opportunity for the Coleridge Hydro attractive. However, a watching brief will Scheme to play an important part in be maintained so that remaining feasibility delivering reliable irrigation capacity work can be quickly completed should the along the Rakaia River plains in current status change. It is expected that Canterbury. TrustPower is working with a final investment decision on the smaller landowners, as well as central and local 2.6MW Arnold Residual Flow project will government, to develop solutions to be made in the coming months once final increase irrigation reliability in the region. construction costs have been confirmed. The hearing to consider a proposed TrustPower currently has consents for amendment to the Water Conservation Order around 400MW of wind farm development for the Rakaia River is in its final stages and 120MW of hydro development in and a decision is expected later this year.
Recommended publications
  • The Christchurch Tramper
    TTHEHE CCHRISTCHURCHHRISTCHURCH TTRAMPERRAMPER Published by CHRISTCHURCH TRAMPING CLUB INC. PO Box 527, Christchurch, www.ctc.org.nz Affiliated with the Federated Mountain Clubs of NZ Inc. Any similarity between the opinions expressed in this newsletter and Club policy is purely coincidental. Vol. 79 December 2009/January 2010 No. 8 The CHRISTCHURCH TRAMPING CLUB has members of all ages, and runs tramping trips every weekend, ranging from easy (minimal experience required) to hard (high fitness and experience required). We also organise instructional courses and hold weekly social meetings. We have a club hut in Arthurs Pass and have gear available for hire to members. Membership rates per year are $40 member, $60 couple, $23 junior or associate, with a $5 discount for members who opt to obtain this newsletter electronically. Paske Hut in a Blizzard, June 2009 For more about how the club operates, see Ian Dunn's winning photo in the 2009 CTC photo contest More about the CTC. Contents Tramper of the Month 2 Events Calendar 5 Editorial 3 Trip Reports 21 News 3 More about the CTC 24 Obituaries 4 Classifieds & General Notices 24 Christmas Greetings from the Club Captain I hope that all Club Members and their families have a happy Christmas and New Year. To those of us heading into the outdoors have a great trip and return safely in the New Year. The Club has had a successful year with plenty of good tramps and it is particularly pleasing to welcome so many new members to the Club. Happy Christmas and a prosperous and safe New Year.
    [Show full text]
  • Maori Cartography and the European Encounter
    14 · Maori Cartography and the European Encounter PHILLIP LIONEL BARTON New Zealand (Aotearoa) was discovered and settled by subsistence strategy. The land east of the Southern Alps migrants from eastern Polynesia about one thousand and south of the Kaikoura Peninsula south to Foveaux years ago. Their descendants are known as Maori.1 As by Strait was much less heavily forested than the western far the largest landmass within Polynesia, the new envi­ part of the South Island and also of the North Island, ronment must have presented many challenges, requiring making travel easier. Frequent journeys gave the Maori of the Polynesian discoverers to adapt their culture and the South Island an intimate knowledge of its geography, economy to conditions different from those of their small­ reflected in the quality of geographical information and island tropical homelands.2 maps they provided for Europeans.4 The quick exploration of New Zealand's North and The information on Maori mapping collected and dis- South Islands was essential for survival. The immigrants required food, timber for building waka (canoes) and I thank the following people and organizations for help in preparing whare (houses), and rocks suitable for making tools and this chapter: Atholl Anderson, Canberra; Barry Brailsford, Hamilton; weapons. Argillite, chert, mata or kiripaka (flint), mata or Janet Davidson, Wellington; John Hall-Jones, Invercargill; Robyn Hope, matara or tuhua (obsidian), pounamu (nephrite or green­ Dunedin; Jan Kelly, Auckland; Josie Laing, Christchurch; Foss Leach, stone-a form of jade), and serpentine were widely used. Wellington; Peter Maling, Christchurch; David McDonald, Dunedin; Bruce McFadgen, Wellington; Malcolm McKinnon, Wellington; Marian Their sources were often in remote or mountainous areas, Minson, Wellington; Hilary and John Mitchell, Nelson; Roger Neich, but by the twelfth century A.D.
    [Show full text]
  • Canterbury Protection Strategy
    CANTERBURY LAND PROTECTION STRATEGY A REPORT TO THE NATURE HERITAGE FUND COMMITTEE M.A. HARDING CANTERBURY LAND PROTECTION STRATEGY Published by the Nature Heritage Fund PO Box 10-420 Wellington June 2009 Hard Copy ISBN: 978-0-478-14626-4 PDF ISBN: 978-0-478-14627-1 CD-ROM ISBN: 978-0-478-14630-1 CONTENTS 1.0 Introduction ........................................................................................ 1 2.0 Method............................................................................................... 2 3.0 Original Vegetation of Canterbury..................................................... 4 4.0 The Indigenous Vegetation of each Ecological District..................... 8 5.0 Analysis of Representativeness........................................................ 93 6.0 Criteria for Assessing Protection Proposals................................... 103 7.0 Land Protection Strategy................................................................ 108 8.0 Species Cited by Common Name in Text ...................................... 109 9.0 References Cited in Text................................................................ 111 Appendix 1 Plant Communities by Ecological District............................ 118 The Nature Heritage Fund was established (as the Forest Heritage Fund) in June 1990 following the release of Government’s Indigenous Forest Policy. The objective of this policy is to “ maintain or enhance, in perpetuity, the current area of indigenous forest, either by protection, sustainable management or reafforestation
    [Show full text]
  • Statement of Evidence of Luke Christopher James Faithfull on Behalf of Trustpower Ltd
    BEFORE A SPECIAL TRIBUNAL AT NELSON UNDER of the Resource Management Act 1991 IN THE MATTER an application for a water conservation order by Ngati Tama Ki Te Waipounamu Trust and Andrew Yuill in respect of Te Waikoropupū Springs and associated water bodies STATEMENT OF EVIDENCE OF LUKE CHRISTOPHER JAMES FAITHFULL ON BEHALF OF TRUSTPOWER LTD 6 APRIL 2018 Counsel Instructed B J Matheson Richmond Chambers PO Box 1008 Shortland Street Auckland 1140 2 Trustpower Ltd 1. EXECUTIVE SUMMARY 1.1 In my opinion, the relief sought by Trustpower Limited (Trustpower) is appropriate given the recognition and protection required for renewable electricity generation provided for in the higher-level policy documents being the National Policy Statement for Renewable Electricity Generation 2011 (NPSREG) and National Policy Statement for Freshwater Management 2014 (NPSFM). 1.2 I consider that Trustpower’s position on the Water Conversation Order application (WCO application) takes a ‘holistic’ approach to wider catchment management, as well as providing for its specific interests and the need for the protection of the values the WCO seeks to ‘recognise and sustain’. 1.3 Trustpower’s position also addresses the wider requirements under the Resource Management Act 1991 (RMA), including those of section 207. Specifically: (a) Trustpower’s submission, and proposed relief, has regard for values that the WCO application is seeking to protect being to provide appropriate and adequate protection of the outstanding waters of Te Waikoropupū and the waterbodies that contribute
    [Show full text]
  • Postal Surveys of Angling in the Rakaia and Other Canterbury Rivers, 1986/87 and 1987/88 Rssn 0113 -2504
    MAF Postal surveys of angling in the Rakaia and other CanterburY rivers, 1986/87 and 1987/88 rssN 0113 -2504 New ZealandFreshwater Fisheries Report No. 124 Postal surveys of angling in the Rakaia and other Canterbury rivers, 1986187 and 1987/88 by MJ. Unwin Freshwater Fisheries Centre MAF Fisheries Christchurch S erticing freshw ater fsheries and aquaculture April 1991 NE\ry ZEALAND F'RESITWATER F'ISIIERIES REPORTS This report is one of a series issued by the Freshwater Fisheries Centre, MAF Fisheries. The series is issued under the following criteria: (1) Copies are issued free only to organisations which have commissioned the investigation reported on. They will be issued to other orgânisations on request. A schedule ofreports and their costs is available from the librarian. (2) Organisations may apply to the librarian to be put on the mailing list to receive all reports as they are published. An invoice will be sent for each new publication. ISBN 0-477-08,109-5 Edited by: S.F. Davis MINISTRY OF AGRICULTURE AND FISHERIES TE MANATU AHUWHENUA AHUMOANA MAF Fisheries is the fisheries business group of the New Zealand Ministry of Agricutture and Fisheries. The name MAF Fisheries was formalised on I November 1989 and replaces MAFFish; which was established on 1 April 1987. It combines the fr¡nctions of the former Fisheries Research and Fisheries Management Divisions, and the fisheries functions of the former Economics Division. T\e New Zealand Freshwater Fßheries Report series continues the Nsl.v Zealand Minßtry of Agriculture and Fßheries, Fßheries Environmcntal Repon series. Enquiries to: The Librarian Freshwater Fisheries Centre PO Box 8324 Riccarton, Christchurch New Zealand CONIENTS Page SUMMARY 1.
    [Show full text]
  • Conservation Management Strategy 2016 7
    CMS CONSERVATION MANAGEMENT STRATEGY Canterbury (Waitaha) 2016, Volume 1 CMS CONSERVATION MANAGEMENT STRATEGY Canterbury (Waitaha) 2016, Volume 1 Cover image: Waimakariri River looking toward Shaler Range and Southern Alps/Kā Tiritiri o te Moana Photo: Graeme Kates September 2016, New Zealand Department of Conservation ISBN 978-0-478-15091-9 (print) ISBN 978-0-478-15092-6 (online) Crown copyright © 2016 This work is licensed under the Creative Commons Attribution 4.0 International licence. In essence, you are free to copy, distribute and adapt the work, as long as you attribute the work to the Crown and abide by the other licence terms. To view a copy of this licence, visit https://creativecommons.org/licenses/by/4.0/. Please note that no departmental or governmental emblem, logo or Coat of Arms may be used in any way which infringes any provision of the Flags, Emblems, and Names Protection Act 1981. Attribution to the Crown should be in written form and not by reproduction of any such emblem, logo or Coat of Arms. Use the wording ‘Department of Conservation’ in your attribution, not the Department of Conservation logo. This publication is produced using paper sourced from well-managed, renewable and legally logged forests. Contents Foreword 7 Introduction 8 Purpose of conservation management strategies 8 Treaty partnership with Ngāi Tahu 9 CMS structure 10 Interpretation 11 CMS term 12 Relationship with other Department of Conservation strategic documents and tools 12 Relationship with other planning processes 14 Legislative tools 15
    [Show full text]
  • An Update of Environment Canterbury Supported Projects
    Braided River projects in Canterbury: an update of Environment Canterbury supported projects Braided Rivers Seminar June 2019, Lincoln Univ. Frances Schmechel, Principal Biodiversity Advisor Canterbury Braided River Management • Background • Context • Regional team - project updates From: Colin O’Donnell Is a ‘naturally uncommon’ ecosystem type both in New Zealand and the world Is classified as an ‘endangered’ ecosystem type in New Zealand (Holdaway et al. 2012) Photos: WMIL and Lauren Buchholz A significant Canterbury ecosystem Braided River Habitat Extent From: O’Donnell, CFJ; Sanders, M; Woolmore, C; Maloney, RF (2016). Management and research priorities for conserving biodiversity on New Zealand’s braided rivers. DOC, Wellington. Slide from Ken Hughey, Lincoln University River Values Assessment System 7 of 8 in the Canterbury Region Slide from: C.F.J O’Donnell CWMS – new resources and focus CWMS – direction and resources Targets – 10 total • Ecosystem health - correct the decline in freshwater species and ecosystems • Braided Rivers - enhanced and protected habitat for indigenous birds (2020) and ecosystems (2040) Interacting components in BR ecosystems From: O’Donnell et al. 2016 Slide from: Colin O’Donnell Slide from: Colin O’Donnell Slide from: Colin O’Donnell Context – structure/ activities Structure • Policy and planning • Strategic direction / • Strategy and work programmes planning • Budgets • Science • Surveys (incl. • Communications braided rivers) • Corporate • Monitoring • Investigations • Operations • Reports Context –
    [Show full text]
  • List of Rivers of New Zealand
    Sl. No River Name 1 Aan River 2 Acheron River (Canterbury) 3 Acheron River (Marlborough) 4 Ada River 5 Adams River 6 Ahaura River 7 Ahuriri River 8 Ahuroa River 9 Akatarawa River 10 Akitio River 11 Alexander River 12 Alfred River 13 Allen River 14 Alma River 15 Alph River (Ross Dependency) 16 Anatoki River 17 Anatori River 18 Anaweka River 19 Anne River 20 Anti Crow River 21 Aongatete River 22 Aorangiwai River 23 Aorere River 24 Aparima River 25 Arahura River 26 Arapaoa River 27 Araparera River 28 Arawhata River 29 Arnold River 30 Arnst River 31 Aropaoanui River 32 Arrow River 33 Arthur River 34 Ashburton River / Hakatere 35 Ashley River / Rakahuri 36 Avoca River (Canterbury) 37 Avoca River (Hawke's Bay) 38 Avon River (Canterbury) 39 Avon River (Marlborough) 40 Awakari River 41 Awakino River 42 Awanui River 43 Awarau River 44 Awaroa River 45 Awarua River (Northland) 46 Awarua River (Southland) 47 Awatere River 48 Awatere River (Gisborne) 49 Awhea River 50 Balfour River www.downloadexcelfiles.com 51 Barlow River 52 Barn River 53 Barrier River 54 Baton River 55 Bealey River 56 Beaumont River 57 Beautiful River 58 Bettne River 59 Big Hohonu River 60 Big River (Southland) 61 Big River (Tasman) 62 Big River (West Coast, New Zealand) 63 Big Wainihinihi River 64 Blackwater River 65 Blairich River 66 Blind River 67 Blind River 68 Blue Duck River 69 Blue Grey River 70 Blue River 71 Bluff River 72 Blythe River 73 Bonar River 74 Boulder River 75 Bowen River 76 Boyle River 77 Branch River 78 Broken River 79 Brown Grey River 80 Brown River 81 Buller
    [Show full text]
  • 1 in the MATTER of the Resource Management Act 1991 and in THE
    1 IN THE MATTER of the Resource Management Act 1991 AND IN THE MATTER of a submission and further submissions by TrustPower Limited on the Proposed Canterbury Land and Water Regional Plan STATEMENT OF EVIDENCE OF PETER BRYAN LILLEY ON BEHALF OF TRUSTPOWER LIMITED 1 INTRODUCTION 1.1 My full name is Peter Bryan Lilley. 1.2 I am TrustPower Limited's ("TrustPower") Engineering Manager, a position that is responsible for, amongst other things, the optimisation and enhancement of TrustPower's hydro-electric generation and irrigation assets and the development of new schemes. Prior to this position, I was employed as the Hydro-Development Manager and was responsible for the hydraulic and safety performance of the various dams and structures within TrustPower's hydro-electric generation portfolio. 1.3 I am also currently TrustPower's Acting Environmental Manager. In this position, I am responsible for TrustPower's environmental portfolio, which sees me managing TrustPower's interest in resource consent applications, district and regional plans/policy statements, legislation, Treaty of Waitangi matters, environmental compliance and hazardous substance programmes. 1.4 I hold the qualification of Bachelor of Engineering (Civil) from the University of Auckland (1989) specialising in the areas of catchment hydrology, river hydraulics and water resource engineering. I am a member of the New Zealand Geotechnical Society, the International Society of Rock Mechanics, and the New Zealand Society of Large Dams on which I am the current vice 2510798 FINAL 2 chairman. I am also on the ICOLD Committee (International Commission on Large Dams) on Public Safety around Dams. 1.5 Prior to joining TrustPower in June 2000, I was an Associate of Riley Consultants Limited, a firm comprising specialist Water Resources and Geotechnical engineering consultants.
    [Show full text]
  • New Zealand Gazette
    iumh. 96. THE NEW ZEALAND GAZETTE. WELLINGTON, THURSDAY, DECEMBER 19, 1935. Allocating Land reserved and taken for a Railway to the Purposes Additional Land at Tawa Flat taTeen for the Purposes of the of a Street in the Oity of Wanganui, at East Town. Wellington-Foxton Railway. [L.S.] GALWAY, Governor-General. [L.S.] GALWAY, Governor-General. A PROCLAMATION. A PROCLAMATION. HEREAS the land described in the Schedule hereto W forms part or land taken for the purposes of the ,-X7 HEREAS it has been found desirable for the use, Foxton - New Plymouth Railway, and it is considered desirable V, convenience, and enjoyment of the Wellington­ to allocate such land to the purposes of a street: Foxton Railway to take further land at Tawa Flat in addition Now, therefore, I, George Vere Arundell, Viscount Galway, to land previously acquired for the purposes of the said Governor-General of the Dominion of New Zealand, in pur­ railway: suance and exercise of the powers and authorities vested in Now, therefore, I, George Vere Arundell, Viscount Galway, me by section two hundred and twenty-six of the Public Governor-General of the Dominion of New Zealand, in exercise Works Act, 1928, and of every other power and authority of the powers and authorities conferred on me by sections in anywise enabling me in this behalf, do hereby proclaim thirty-four and two hundred and sixteen of the Public Works and declare that the land described in the Schedule hereto Act, 1928, and of every other power and authority ~n anywise shall, upon the publication hereof in the New Zealand Gazette, enabling me in this behalf, do hereby proclaim and declare become a street, and that the said street shall be under the -that the land described in the Schedule hereto is hereby taken control of the Wanganui City Council, and shall be maintained for the purposes above mentioned.
    [Show full text]
  • Upper Rakaia Riverbed Weed Control Strategy
    Upper Rakaia Riverbed Weed Control Strategy Report No. R13/81 ISBN 978-1-927274-07-1 (print) 978-1-927274-08-8 (web) Mike Harding Environmental Consultant August 2013 Report No. R13/81 ISBN 978-1-927274-07-1 (print) 978-1-927274-08-8 (web) PO Box 345 Christchurch 8140 Phone (03) 365 3828 Fax (03) 365 3194 75 Church Street PO Box 550 Timaru 7940 Phone (03) 687 7800 Fax (03) 687 7808 Website: www.ecan.govt.nz Customer Services Phone 0800 324 636 UPPER RAKAIA RIVERBED WEED CONTROL STRATEGY A report prepared for Environment Canterbury Christchurch Mike Harding Environmental Consultant [email protected] August 2013 CONTENTS SUMMARY .................................................................................................... 1 1.0 INTRODUCTION ....................................................................................... 2 2.0 SURVEY METHOD .................................................................................... 3 3.0 RIVERBED WEEDS ................................................................................... 4 3.1 Key Weed Species ............................................................................... 4 3.2 Other Weed Species ......................................................................... 28 3.3 Surveillance Weed Species ............................................................... 35 4.0 RIVERBED WEED CONTROL STRATEGY ..................................... 36 4.1 Objectives .......................................................................................... 36 4.2 Goals .................................................................................................
    [Show full text]
  • LAKB COLERIDGE: the IMPACT OF' IIYDROELECTRIC PO\Ryer DEVELOPMENT I
    OPTICAL PROPERTIES OF LAKB COLERIDGE: THE IMPACT OF' IIYDROELECTRIC PO\ryER DEVELOPMENT I OPTICAL PROPERTIES OF LAKE COLERIDGE: POI/üER DEVELOPMENT for Electricorp) ROBERT J DAVTES-COLLEY !ìIATER QUAI,ITY CENTRE D.s .r.R. P O BOX 11-115 HA}IILTON, NZ JOHN K FEN}IICK WATER RESOURCES SURVEY D.S.I.R. P O BOX 13-695 CHRISTCHURCH, NZ Running Head,Iine: Lake Coleridge, Optical Properties TABLE OF CONTENTS Page EXECUTIVE SUMMARY TECHNICAL SUMMARY INTRODUCTION STUDY AREA METHODS 9 RESULTS 11 Lake Water Colour 11 Visual CIaritY 12 r,ight Attenuatj-on and. Reflectance 13 Water Composition and Optical Character 15 Absorption and Scattering of r,ight 16 Inflow of Suspended Sediments 18 DISCUSSION 19 Effects of the Diversion Waters on Visual Clarity 19 Regression Models 20 optical Model 22 Relation of In-Lake Suspended Sediments to Sediment Inflow 24 CONCLUSIONS 25 27 RECO¡4MENDATIONS FOR FUTURE WORK EXECUTIVE SUMMARY Lake Coleridge is generally a visually attractive, clear, water body the optical character of which largely reflects the i-nfluence of fresh water rather than that of water constituents. The greenish-blue hue is essentially that of pure water, but the colour is brighter and greyer than optically pure water because of the presence of fine suspended inorganic sediments. These sediments appear to be derived mainly from diverted \,raters of the Harper and V{ilberforce Rivers although there is only a weak correlation of in-lake concentrations with diversion sediment loads. a significant decrease in visual clarity of the lake as measured by Secchi disk depth (which fell from 13.4 to 8.6 m) has occurred since the oakden Canal was comnissioned.
    [Show full text]