The Crown today signed the Global Settlement Agreement (GSA) with the Christchurch City Council.
The GSA includes transferring the residential red zones, which are managed by Land Information New Zealand (LINZ) on behalf of the Crown, to the council.
LINZ Chief Executive Gaye Searancke says the agreement is an important milestone in the city’s recovery and marks a return to local leadership.
“It’s been a privilege for LINZ to look after the residential red zones, where 6,700 properties used to stand, and we look forward to this new chapter for the city and the people of Christchurch.
“We can now begin the significant task of reconfiguring nearly 5,500 titles in the Ōtākaro Avon River Corridor and transferring this land to the council. This work supports implementation of the Regeneration Plan and will be done at no cost to the council.”
Under the agreement, LINZ will also work with the council to establish a transitional land use consultative group for the red zones. This group will be made up of community and local stakeholder representatives.
“We look forward to working with the council and having greater community involvement in the transitional land use process to encourage lots of great uses of the red zone areas,” says Ms Searancke.