Taking into consideration the need for certainty by Greytown Trust Land Trust’s tenants and a swell of community support for preserving the intention of land use, the Trust has agreed to apply a 100% rental concession to its legacy tenancies moving forward.
A sunset clause until June 2024 will be applied to enable sufficient time for the Trust to work with the tenants to ensure an enduring agreement that clearly articulates the intent of all the parties involved.
At recent meetings between the Trust and the tenants, the potential for a greater level of community use was discussed, which was something all parties saw value in and one that might facilitate some level of assistance from South Wairarapa District Council as part of the Long Term Plan process.
Published: December 2020