Given it would include Hamilton as a large metro, it would be focused on delivering a very large capital works programme. However, financial modelling indicates that cost increases for customers would be higher at about 10 percent (inflated) a year for the first eight years of operation.
Potential pros
- Positioned to support growth in north Waipā (including provision of the southern/sub-regional wastewater treatment plant).
- This CCO would include three of the largest Waikato council populations – these are each Tier one growth councils.
- Provides opportunity to align with, and give effect to, Te Ture Whaimana (the Vision and Strategy for the Waikato River).
- Fewer partners meaning initial CCO set-up might be less complex.
- Will be a metro/growth focused opportunity for workforce.
Potential cons
- Less affordable for the community
- Up to a five-year transition period
- Stronger focus on metro issues rather than broader rural provincial issues
- Efficiencies would take longer to be realised.