Historic agreement on CRL Funding

Historic agreement on CRL Funding

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Minister of Transport Simon Bridges (left) and Mayor Len Brown (centre) are shown the deep shaft work being done as part of the early CRL building work on the corner of Victoria and Albert Streets.

 

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A large ‘acoustic shed’ has been built over the intersection of Albert and Victoria streets.

 

An historic milestone was reached today with Mayor Len Brown signing an agreement with Transport Minister Simon Bridges on funding for the City Rail Link (CRL).

“Central Government and Auckland Council are now in clear agreement that the CRL is at the heart of dealing with the city’s growth, with propelling our economy, and creating a future Aucklanders deserve” says Len Brown.

This will allow the "main works” tendering process to begin and for specialist constructors to make available the people and machinery needed to build the CRL.

Features of the Heads of Agreement include:

  • A 50/50 funding arrangement where Auckland Council and the Crown each pay half of the total capitalised costs of the project.
  • The principals to the agreement, referred to as “sponsors”, are the Government and Auckland Council.
  • The establishment of a company (City Rail Link Limited) through which the Government and Council will oversee the delivery of the project.
  • Joint share in development opportunities arising from the project.
  • The technical and operational aspects of project delivery are to be carried out by Auckland Transport working to the City Rail Link company.
  • KiwiRail have a formal role in ensuring the CRL’s interoperability with the wider rail network and the services it provides, such as freight.

Today’s signing took place at the Victoria St underground shaft from where tunnel boring machines will start the work. The event was livestreamed on the City Rail Link Facebook page.

An unprecedented project

The City Rail Link is New Zealand's largest public transport project.  It will more than double the number of people able to use Auckland’s rail network. 

Both Len Brown and Simon Bridges, along with Prime Minister John Key and other dignitaries, had formally marked the start of the construction of the CRL with a groundbreaking ceremony at the downtown Britomart Train Station in June.

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