Auckland Council agrees to extra America's Cup funding
Auckland Councillors have voted to give an extra $14.5 million of ratepayer money to pay for cost
The council debated today whether they should come up with an extra funding for the event as the cost of wave breaks and dredging works turned out to be higher than originally expected.
The government promised to put $22.5m dollars towards covering the extra cost, which would bring its total contribution to $136m.
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However, the Economic Development Minister David Parker said the government will only pay up if the council agreed to pitch in too.
Earlier in the meeting, the chair of
The council also heard from Team New Zealand's chief operating officer Kevin