Wellington trolley bus overhead maintenance cost adjustment

Applicant

Greater Wellington Regional Council

Purpose

To seek the Board's approval for the funding of an increase in Wellington trolley bus overhead maintenance costs from 2008/2009 to 2017/2018.

Date of decision

31 October 2008

Resolutions

The NZ Transport Agency Board:

1. approves additional funding up to $13.2 million (with the NZTA share, at a 50% financial assistance rate, being $6.6 million) from N funds for the additional maintenance costs of the Wellington trolley bus overhead wire system and therefore bringing the total maintenance costs to $38.7 million for a 10 year period.
2. notes the reasons for this decision are as set out in the Reasons for recommendation section; and
3. agrees to take Board paper 08/10/0065 out of Committee when the Board has advised Greater Wellington of its decision.

Reason for the decision

Greater Wellington Regional Council has entered into a ten year contract for the Wellington trolley bus services. NZ Bus Ltd, the operator of trolley bus services is refurbishing the trolley bus fleet and several 'new' trolley buses have already been returned to service. The additional cost of maintaining and replacing the overhead wire system is necessary to ensure public safety and the ongoing operation of the trolley bus services.

We confirm that the matters in sections 20(2) and 20(5) of the LTMA have been satisfied, and that the matters in section 20(3) have been taken into account

If you would like details of how the assessment profile for this activity was determined, please email us at boardsecretariat@nzta.govt.nz.