Agreement reached on first resumptions in seven years InthefirstmajorresumptionssinceOperiki intihau,4 1 0 2 WhanganuiIncorporationhas resumed two large blocks on the Whanganui River. Theblocks,totalling9762 hectares thatwillallowustoincreasehiveTheMarshallresumptions betweenKoronitiandMatahiwi, numbersbyquiteabit.” bring38,50 hectaresof2,40 wereleasedseparatelybythe hectaresoftotallandownership Thefamily,whichhasbeenonthe Marshallbrothers,KevinandBarry. undertihau-WhanganuiInc blocksforsomegenerations,will withonlyabout530 alsocontinuetoplacehivesonmanagement, the Incorporationchiefexecutive hectares yet to beresumed–twoland,atleastintheshort-term,and AndrewBeijemansaid willshareanyrevenuewiththe thirdsofwhichsitsintheforest compensationpayabletothelessees, block. basedonanagreedvalueofthe organisation. lesseeimprovements,is254. 1 $ The Thislatestagreementislikelyto be Incorporationwillincreaseits million,payableintwo2,1507$ apiary thelastofthelargeresumptionsfor stazasitsustainablygrows tranches,thisyearandin2.0 hivenumbersandisconsidering sometime.Thereareafewsmaller housingonthelandforsixorseven whichcouldberesumedsoon, Theresumptionisbeingfundedleases out workers. ofcashflowandwillnotincreasecoveringlessthan60 hectares debt.
acrosssixleases.
“Withthisland,we’realso increasingourpresenceontheriver TheblocksarenotadjoiningbutThenextbigoneswillbethe Itraisesthefuturepotentialfor 50 -hectareRokelease–theonly areclosetoeachother,separated diversificationintotourismonthe oneinperpetuity–whichcan’tbe byprivatelandownedbyoneofthe landsuchashuntingoperations, resumed unless the lessees wish to brothers. giveupthelease,andthe99-year horsetreksorwalks,”saysAndrew. Andrewsaidnegotiationstookplace “Thelandlinksintothebackof leaseona320 -hectareforestry forabout81 monthswiththehelp Papahaua,sothereisinteresting blockonthePipiriki-RaetihiRoad. offormerchairDanaBlackburn, HeldbyforestrycompanyErnslaw potentialforawalkingrouteand beforeanagreementwasreached One,itexpiresin. 7 20 hutsfromPipirikitoParikino.” earlierthisyear. “TheMarshallshavebeenvery goodtodealwithduringtheprocess, andlinkingintoDana’sexperience withpreviousresumptionswas definitelyhelpful,soitwasa relativelyeasyresumption.” Theblockswerefarmedinthe pastbutarenowpredominantlyin mnuka.tihauwillusetheblocks foritsmnukahoneybusinessand leasebackgrazingrightsforoneof theblockstotheMarshallfamily. “It’sadecentarea–about6percent ofourtotalarea,”Andrewsaid. “Comparedtopastresumptionsit’s nowherenearthesamecost,because themajorityisinmnuka.However, TOITŪ TE WHENUA
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