4 July 2017
Joint Release from the Central Cultural Centre Trust and Central Otago District Council
Since its construction in 2005 the Central Cultural Centre Trust has managed the Central Stories building. This iconic building in Alexandra is currently home to the Central Stories Museum and Art Gallery, Central Cinema, a meeting room and the Alexandra i-SITE.
Since establishment, the Central Cultural Centre Trust has successfully maintained the building for the betterment of the district's cultural and heritage activities. After much discussion, over a period of time, and with future needs top of mind the Central Cultural Centre Trustees have resolved to surrender the ground lease back to Central Otago District Council.
As of 30 June 2017 the ground lease, with improvements including the Central Stories building, has been surrendered to Council.
"The Trust felt it made prudent financial sense and demonstrated good governance to relinquish its lease to Council at this time," said Trust Chair Stephen Battrick.
The Trust feels confident that its founding aims and objectives of being a cultural centre to provide for the rich heritage of the district for locals and visitor alike will continue to be honoured and advanced with management of the building in Council hands.
"Council is best placed to undertake the long term management of this facility, given Council's existing strong connections and involvement in the activity within the community facility," Mr Battrick said.
Mayor Tim Cadogan agreed, saying: "The Council funded Alexandra i-SITE is a tenant of the building, and both the Vincent Community Board and Council financially support the Alexandra District Museum Inc. to run the museum and art gallery, so it makes sense that Council accepts the return of the ground lease with improvements."
A report will be coming to the August meeting of the Central Otago District Council to formalise the surrender of the lease.