Lockdown is over but our city is not fixed. TECT's $120 rebate cheque paid 25 per cent of a week's rent or 50 per cent of a family's grocery bill.
What would approximately $1 billion mean to Tauranga? That is what would be available and would make a huge difference to the community if TECT was wound up and proceeds distributed. Also, about $2 million annually in administration costs would be saved.
What would a financial injection of this magnitude do for the community?
Homes could be saved, businesses saved or established, people could be employed, not to mention children being housed, fed and clothed.
Those that provide the funds for TECT would be the beneficiary. Instead funds are scattered out to minor organisations who are too lazy to fund raise themselves but put their hands out for free money which benefits only a few.
I am not a TECT beneficiary but I do care for Tauranga's future and its residents. Do you?
Maybe it is time for the beneficiaries and not the trustees to make the decision on the future of TECT with a binding referendum.
C Evison, Otumoetai
1 comment
Peanuts?
Posted on 26-07-2020 09:46 | By Equality
S120.00 may not mean much to you but you do not speak for the rest of us who you assume would, if a referendum were taken, support your high and mighty, self righteous position. We don't all live in Otumoetai and don't need $120.00!!
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