New Zealand Gazette – 1994 – No. 94

Page 2865

✨ Irrigation Scheme Sale



16 SEPTEMBER NEW ZEALAND GAZETTE 2865

Hawea Flat

1. Description

The Hawea Flat Scheme takes up to 1.2 cumecs of water from Lake Hawea via a syphon through the Hawea hydroelectric dam. When Lake Hawea is too low for the syphon to work a pump maintains the supply into the syphon. The lowest operating level for the pump is tied in with the minimum Lake Hawea operating level. The cost of operating the pumps during the irrigation season is paid by the Electricity Corporation. Pumping costs outside the irrigation season are shared between the Corporation and the Irrigation Company.

Water irrigates 943 hectares of farmland producing mainly fat lamb, mixed-crops and small seeds. Application is mainly by border-dyke with some spray. The scheme was funded under the 1960 amendment to the Public Works Act 1928 with a 100% grant for off-farm works. The Act provided for annual water charges to include interest on one-quarter of the capital.

2. Previous Gazette References

2 October 1963, NZ Gazette No 2, page 1525
15 April 1987, NZ Gazette No 55, page 1691

3. Purchaser

Hawea Irrigation Company Ltd

4.
Effective Date 4.5.89

5.
Date of Purchase 8.7.90

6.
Date of Financial Statement 5.11.92

Amount of Settlement ($)
7. Purchase price paid for the assets 0
8. Water rates revenue refunded 44,848
9. Other payments by the Crown 25,000
10. Net Settlement by Crown 54,689
11. Debtors transferred to Purchaser ($) 11,298


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✨ LLM interpretation of page content

🌾 Sale of Crown-Funded Irrigation Schemes (continued from previous page)

🌾 Primary Industries & Resources
31 May 1994
Irrigation, Crown funding, Sale, Financial settlement, Hawea Flat