Sadly, the article regarding directors on CCO’s missed its target. Not only was Powernet missed out altogether, the conflict issue was not really dealt with.
And it has not been candidates asking
For weeks city council candidates have demanded the remuneration current Invercargill City Councillors receive for council-controlled organisation directorships.
Any candidate with any knowledge what local government is knows exactly where and how to get the info. Incredibly, some candidates claimed to not knowing that councillors were paid as councillors.
Given, it is election time there is unlimited misinformation being said. Multiple first-time candidates and an incumbent councillor have claimed that ‘we need council represented at the board table’ or similar. The Companies Act and the company’s constitution does not allow that. When you sit on a board you represent the needs of that company or organisation. You cannot be a board member and serve a different organisation’s needs, hence the CONFLICT.
Sycamore should also be pulled up on the fact that he serves on Holdco (for $30,300) and its subsidiary Invercargill City Property (another $15,240). Electricity Invercargill has the same situation with Boniface and Ludlow paid AGAIN to serve on subsidiary Powernet.
Someone should also tell Sycamore that Venture Southland tried to become a company and submissions did not support it. It is NOT a CCO, it is a joint committee.