Hobart, Monday, 26 May 2014: Residents Opposed to the Cable Car (ROCC) has raised additional questions over changes on the Mt Wellington Cableway Company’s social media sites after last week’s media coverage concerning the project’s ‘secured’ investment.
Monitoring of the Mt Wellington Cableway Company’s (MWCC) social media sites by ROCC over the past five days found that statements it has secured ‘300% of the financing’[1] for the proposed project as well as ‘written landowner consent from the Cascade Brewery’ have now been removed from its site.[2]
In October last year, MWCC agreed to sell the majority share of the project to BullWheel International Cable Car Corporation. At that time, Mr Bold also indicated that three times the supposed cost of the cable car, said to be $37 million, had been secured.
“Why did the Mt Wellington Cableway Company make these changes on their website? What is the status of the investment? Does this mean that the investors have requested that these statements be removed or has Mr Bold not secured investment in the first place?” asked Mr Ted Cutlan a spokesperson for ROCC.
“It would also be good to have clarity on the removal of the statement concerning consent from Cascade Brewery: ‘we have permission for the bottom half sorted’.[3]
“With so many unanswered questions, are Hobart City Council and the Mt Wellington Trust operating under a misapprehension when considering this proposal?
“The Hobart City Council, Mt Wellington Trust, as well as the rate-payers of Hobart deserve some answers after such a public campaign to get support for the proposed cable car and pinnacle development,” said Mr Cutlan.
“At tonight’s Council meeting, we hope discussions can move on and that the Hobart City Council is left to carry out its usual work without the distraction of any cable car project.
“This project, if it went ahead, would affect Mt Wellington forever. We want a prosperous Hobart with secure jobs focusing on achievable projects. We also want to ensure we have a natural, unspoiled mountain on our doorstep to enrich and reward us well after the cable car white elephant dream has gone.” concluded Mr Cutlan.
Supporting References
http://rocchobart.com/supportingreferences/
www.rocchobart.com
On 21 May 2014, ROCC released research that showed the International Team set up to finance the cable car project appear to be owned and operated by one man and had never built or funded a cable car.[4] ROCC (Residents Opposed to the Cable Car) has recently re-formed in response to the campaign by MWCC to build a cable car and Pinnacle Centre development on Mt Wellington.
[1] http://rocchobart.com/supportingreferences/
[2] http://rocchobart.com/supportingreferences/
[3] http://rocchobart.com/supportingreferences/
[4] http://rocchobart.com/mediareleases/
Download:
BullWheel_attracted_over_300%_of_required_funds_30-4-2014_.pdf
Statement_on_having_attracted_over_300%_of_required_funds_removed._23-05-2014_.pdf
