S.73 Assistance Action Paper Group Manager HNO Action Paper: yy/mm/01xx1 In Committee National Office File Ref: PR9 -xx2 SAP Architectural Object number (s): 883xx Prepared by Title: name Recommended by Principal Property Manager: name Endorsed by National Property Manager: name . Address: Owner: Purpose 1 To seek approval to provide ‘Assistance to purchase a dwelling’ in the form of an advance in accordance with Section 73 of the Public Works Act. The advance is needed as part of the purchase of the residential property at [address]. The purchase is required for the _ project. Recommendations 2 That the Group Manager HNO: a. approves the payment of up to $x0,000 as assistance to purchase the dwelling in paragraph 1 under section 73 of the Public Works Act 1981, and b. notes that the property acquisition will be approved in accordance with the NZTA Property Delegations of Authority if agreement is reached, and c. retains this Action Paper in committee until the property acquisition has been completed, and d. agrees to take this paper out of Committee when the property acquisition has been completed. Approval Approved/ Not approved/ Approved subject to the following conditions: (Delete those not applicable) Signature _________________________________ Date _________________ Group Manager Highways and Network Operations 1 Inserted by National Office 2 Insert: PR9-0106 for Auckland/Northland, PR9-0204 for Waikato/BoP, PR9-0512 for Wellington Office, PR9 0605 for Christchurch Office Action Paper: GM HNO yy/mm/0xxx Background - S.73 Public Works Act 1 S.73 Public Works Act 1981 states that where the market value of an owner’s property is insufficient to enable that owner to purchase a replacement property of a standard reasonably comparable the notifying authority may advance to the Owner an amount it considers reasonable to allow them to acquire another private residence of a reasonably comparable standard. 2 To qualify, the property must be an owner’s principal private residence, the land must be designated for the project concerned and the owner must give vacant possession as part of the agreement. 3 Any money advanced shall constitute a debt and shall be a charge of that owner in the land or their estate to be repaid when the estate is wound up or earlier if the Authority so decides. This is registered on the land title pursuant to the Statutory Land Charge Registration Act 1928. 4 Any money advanced is to be repaid to the Authority at such reasonable times and on such reasonable terms and conditions (including interest if any) as may be specified. A loan agreement would document the transaction. 5 NZTA typically makes the S.73 advances on the basis of nil interest, with the capital to be repaid when the replacement house is sold. 6 The delegation of authority for approving s.73 advances is held by the General Manager HNO. Project Critique 3 The project that requires the property is summarised below: Project name Project priority3 Construction Start Q?/201 Planning status Designated, but/and . Funding status Property interests required ? No. outstanding including this ? paper’s acquisition(s) Need for the interest to be acquired 4 A shown in the Land Requirement Plan (Attachment A). the project will impact on the property by 5 An area of … or .. % of the site is within the route designated for the project. The property is required for . 6 The property is/not identified in the funding baseline for the 20xx/20xx year. If not in the funding baseline, funding will be made available by substitution with other property acquisitions. 3 NZTA National Ranking Page 2 of 6 Action Paper: GM HNO yy/mm/0xxx Interest to be Acquired 7 Description: The property is a 0. hectare, ? shaped site. The property frontage is ? and the site contour is ? The property contains a ? m2 house constructed in the 19??s which is in ?? condition. Particular features include . See Attachment C for photos of the property. Negotiations and Proposed Financial Assistance 8 Property work began in ? with the release of the Land Requirement Plan (see Attachment A). 9 Contact was made on ? with the landowner by ? on NZTA’s behalf. 10 The negotiation continued through …. 7 The owner and the Transport Agency independently valued the subject property and agree that the appropriate assessment is $. 8 The owner has advised that to buy a comparable dwelling in an acceptable area, she would need to spend 9 The basis of ‘a standard reasonably comparable’ has been considered and the factor that is of concern to the owner is …. 10 This view is supported by Attachments 11 There are two attachments to this paper: Attachment A: Land Requirement Plan or plan showing impact on the property Attachment B: Location Plan In Committee Status 12 This Action Paper is given In Committee status under Section 9(2)(j) of the Official Information Act relating to NZ Transport’s Agency’s ability to carry on negotiations without disadvantage until settlement has been effected. Signatures of Endorsement and Recommendation Recommended Author Recommended Page 3 of 6 Action Paper: GM HNO yy/mm/0xxx Principal Property Manager Endorsed by Highway Manager Endorsed by National Property Manager Page 4 of 6 Action Paper: GM HNO yy/mm/0xxx Attachment A – Land Requirement Plan/Site Impact Plan Page 5 of 6 Action Paper: GM HNO yy/mm/0xxx Attachment B – Location Plan Page 6 of 6
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