Northland Regional Council

Northland Regional Council confirms their loan

Northland Regional Council has confirmed it will loan $9.6 million to help the Northland Rescue Helicopter fund two replacement rescue helicopters for the region.

 

From the Northern Advocate:

“Northland could have two new emergency choppers in the air within two years thanks to a Northland Regional Council package of nearly $10 million.

Council members voted at the council’s monthly meeting in Whangarei yesterday to borrow $9.6 million to on-lend to Northland Emergency Services Trust (NEST).

The deal will give NEST access to low-interest cash that the council can borrow via the Local Government Funding Agency, and enable the trust to seal the deal to acquire two choppers that are available now.”

Read more:

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11908869

Leave A Comment