Newmarket RC 209 Report post Posted March 3, 2019 Im hearing all is not well at the infamous ATC. CEO gone and whispers of potential building issues. Anyone know any more Share this post Link to post Share on other sites
Ohokaman 3,777 Report post Posted March 3, 2019 Disaster waiting to happen NM. The CEO seemed more concerned with running a lifestyle village than a racing club. The industry has seen this as the golden egg that will revitalise racing in Auckland. Remains to be seen whether that eventuates. Share this post Link to post Share on other sites
frankie 61 Report post Posted March 3, 2019 Ohokaman is correct. But never forget that whatever the CEO did the Board had the final say. 1 Fartoomuch reacted to this Share this post Link to post Share on other sites
john legend 401 Report post Posted March 3, 2019 lets hope the selection committee and board do a better job when appointing a new CEO. WE need a person skilled in the industry .please do not appoint an accountant who is not well versed in harness racing. All the hot air of 20000 minimum races is escaping rapidly... The line that we need someone outside the industry for new ideas never works.... I have seen it in many Businesses and have seen it mostly fail over last 72 years !! 3 1 Rusty, Overcheck, hedley and 1 other reacted to this Share this post Link to post Share on other sites
Fartoomuch 1,376 Report post Posted March 3, 2019 Perhaps the new crew need to have some construction experience. Rumour has it that certain procedures were not carried put in accordance with the rules. If true they might be in a heap of dung Share this post Link to post Share on other sites
eljay 892 Report post Posted March 3, 2019 Perhaps a body of racing people should not try to be real estate experts (and the vice versa) - just so similar to the Government and their Kiwi Build. The inevitable happens - and unfortunately lies are told. 2 Fartoomuch and Patiti reacted to this Share this post Link to post Share on other sites
Patiti 143 Report post Posted March 3, 2019 Why would the ATC get involved in a property development when the units are going to be sold on the open market. Unless it is was going to have an income stream back to the club they should have simply sold the land to developers. 1 john legend reacted to this Share this post Link to post Share on other sites
Fartoomuch 1,376 Report post Posted March 3, 2019 2 hours ago, john legend said: lets hope the selection committee and board do a better job when appointing a new CEO. WE need a person skilled in the industry .please do not appoint an accountant who is not well versed in harness racing. All the hot air of 20000 minimum races is escaping rapidly... The line that we need someone outside the industry for new ideas never works.... I have seen it in many Businesses and have seen it mostly fail over last 72 years !! Very wise words John. The trouble is half those on the board are never any better. A classic example is HRNZ, a quick look at Ken Spicer's CV would not leave you with any great confidence that he has the governance experience and or qualifications to run a multi million dollar industry. IMHO 1 john legend reacted to this Share this post Link to post Share on other sites
Newmarket RC 209 Report post Posted March 4, 2019 4 hours ago, Fartoomuch said: Perhaps the new crew need to have some construction experience. Rumour has it that certain procedures were not carried put in accordance with the rules. If true they might be in a heap of dung So you are hearing the same sort of noise as me. If its true heads should roll big time. Share this post Link to post Share on other sites
tim vince 984 Report post Posted March 4, 2019 rumours are dangerous- good time to let things settle and see the outcome 1 Iraklis reacted to this Share this post Link to post Share on other sites
chevy86 1,571 Report post Posted March 4, 2019 Someone with construction industry expertise the obvious replacement----Shipley! 1 5 lamour, ivanthegreat, Rusty and 3 others reacted to this Share this post Link to post Share on other sites
Patiti 143 Report post Posted March 4, 2019 Rod Petrovic if he is available???? 1 chevy86 reacted to this Share this post Link to post Share on other sites
chevy86 1,571 Report post Posted March 4, 2019 Dowding had her main experience in catering, food and beverage etc(George Hotel and Ch Ch Town Hall) so maybe the builders found life too comfortable in the lunch room portacom rather than getting on with the job. Notwithstanding the issues with the engineering that needed rectification, amongst other issues. Just have to question at times the female tokenism of the PC world where lack of true ability (experience) translates into poor performance. (Ardern Shipley,Curran, Hughes etc) JM(white, patriarchal) O. 1 Tauhei Notts reacted to this Share this post Link to post Share on other sites
Ohokaman 3,777 Report post Posted March 4, 2019 56 minutes ago, chevy86 said: Dowding had her main experience in catering, food and beverage etc(George Hotel and Ch Ch Town Hall) so maybe the builders found life too comfortable in the lunch room portacom rather than getting on with the job. Notwithstanding the issues with the engineering that needed rectification, amongst other issues. Just have to question at times the female tokenism of the PC world where lack of true ability (experience) translates into poor performance. (Ardern Shipley,Curran, Hughes etc) JM(white, patriarchal) O. Spot on Chevy. How she ever got that job beats me...hubby had some experience at Addington and that was it. Canam are now off the job and they are suing for millions. Ganellen are suing for $13m.....this could get very nasty. Involving Alan Reay ( the bloke who was involved in the CTV building debacle ) and using Chinese steel on the job was a recipe for disaster. 1 Fartoomuch reacted to this Share this post Link to post Share on other sites
slam dunk 1,061 Report post Posted March 4, 2019 17 minutes ago, Ohokaman said: Spot on Chevy. How she ever got that job beats me...hubby had some experience at Addington and that was it. Canam are now off the job and they are suing for millions. Ganellen are suing for $13m.....this could get very nasty. Involving Alan Reay ( the bloke who was involved in the CTV building debacle ) and using Chinese steel on the job was a recipe for disaster. Kind of confirms suspicions, I walk past the site regularly. Seldom do I see much action e.g. from the cranes. They must be in pretty high demand in Auckland right now but just seem to sit still motionless. The logic always befuddled me. Its the showgrounds, trotting, function and recreational area. Who the hell allowed it to be turned into a residential area. Share this post Link to post Share on other sites
thrillsnspills 30 Report post Posted March 4, 2019 All the gin swiggers that agreed should also GO.The way I read it was ATC thought they would make 30 mill by doing some of the sign offs themselves which you can but you have to be smarter than the average mouse they are not , sadly it effects all of us, I do feel sorry for those that sold there houses expecting to be in last year now paying high rents what a bugger. 1 john legend reacted to this Share this post Link to post Share on other sites
Fartoomuch 1,376 Report post Posted March 4, 2019 Well done to Newmarket for breaking this story. Heres the latest in today's Herald Buyers of units in Building A being built by CMP and Building B being built by Ganelon are allowed to escape their contracts which expired in December. But the club wants to keep the money so it can finish the project next year. "If the sunset date under your agreement for sale and purchase passed in December 2018, you should be aware that our solicitors have written to yours requesting an extension of that date through to December 2020 preserving headroom over and above the anticipated completion date," a buyers' update out last month said. Some buyers might want to cancel the contract due to lateness, it acknowledged. "If you choose this course, Auckland Trotting Club will immediately refund your deposit along with any interest accrued since payment in accordance with your sale and purchase agreement. If you do not wish to cancel your agreement, then the Auckland Trotting Club requests that you support us and grant the extension to the sunset date of December 2020," the update said. Dominique Dowding, club chief executive, has also resigned for what the business said today were "personal reasons." The board has appointed Rod Croon executive director while it hunts for a permanent replacement, it said. Dominique Dowding has resigned as CEO. Photo/Chris Loufte In 2016, Dowding won a Property Council women in property award for managing the transformation of the raceway's carpark into the new apartment hub. In December 2014, the Herald reported her predicting occupation of the Green Lane West Rd places by the end of 2016. Keeping depositors' cash beyond the refund date is not the only trouble the project has struck. Last April, Auckland Council demanded urgent action and issued a "stop work" notice which remained in place for three months. Dowding said last year that was for "observation, quality assurance and documentation issues with erection of structural steel by the contractors on both buildings A and B". "The notices were provided to both Auckland Trotting Club and the contractors Ganellen and Canam." In the latest update, the club said it knew some buyers would be "terribly disappointed" about the new completion date for building A, referring to "performance issues" with previous building Canam, replaced last year by CMP Construction. Share this post Link to post Share on other sites
frankie 61 Report post Posted March 4, 2019 Sadly the easy cash surplus of 30 mill could turn into a 30 mill loss. Then what happens? Share this post Link to post Share on other sites
Fartoomuch 1,376 Report post Posted March 4, 2019 20 minutes ago, frankie said: Sadly the easy cash surplus of 30 mill could turn into a 30 mill loss. Then what happens? The blame game starts!!!!!!! and in come the lawyers Share this post Link to post Share on other sites
Iraklis 776 Report post Posted March 4, 2019 In a word.....BUGGGAAAHHHH!!!!! Cheers Iraklis Share this post Link to post Share on other sites
Ohokaman 3,777 Report post Posted March 4, 2019 39 minutes ago, Fartoomuch said: Well done to Newmarket for breaking this story. Heres the latest in today's Herald Buyers of units in Building A being built by CMP and Building B being built by Ganelon are allowed to escape their contracts which expired in December. But the club wants to keep the money so it can finish the project next year. "If the sunset date under your agreement for sale and purchase passed in December 2018, you should be aware that our solicitors have written to yours requesting an extension of that date through to December 2020 preserving headroom over and above the anticipated completion date," a buyers' update out last month said. Some buyers might want to cancel the contract due to lateness, it acknowledged. "If you choose this course, Auckland Trotting Club will immediately refund your deposit along with any interest accrued since payment in accordance with your sale and purchase agreement. If you do not wish to cancel your agreement, then the Auckland Trotting Club requests that you support us and grant the extension to the sunset date of December 2020," the update said. Dominique Dowding, club chief executive, has also resigned for what the business said today were "personal reasons." The board has appointed Rod Croon executive director while it hunts for a permanent replacement, it said. Dominique Dowding has resigned as CEO. Photo/Chris Loufte In 2016, Dowding won a Property Council women in property award for managing the transformation of the raceway's carpark into the new apartment hub. In December 2014, the Herald reported her predicting occupation of the Green Lane West Rd places by the end of 2016. Keeping depositors' cash beyond the refund date is not the only trouble the project has struck. Last April, Auckland Council demanded urgent action and issued a "stop work" notice which remained in place for three months. Dowding said last year that was for "observation, quality assurance and documentation issues with erection of structural steel by the contractors on both buildings A and B". "The notices were provided to both Auckland Trotting Club and the contractors Ganellen and Canam." In the latest update, the club said it knew some buyers would be "terribly disappointed" about the new completion date for building A, referring to "performance issues" with previous building Canam, replaced last year by CMP Construction. Resigned "for personal reasons"....??? Read into that what you will...... Share this post Link to post Share on other sites
Value Bell 79 Report post Posted March 4, 2019 Herald said she wants to spend time with a sick family member. Share this post Link to post Share on other sites
thrillsnspills 30 Report post Posted March 4, 2019 Tripped , Pushed, Fell, Stumbled call it what you like it all leads to exit stage left........ NEX Share this post Link to post Share on other sites
Newmarket RC 209 Report post Posted March 4, 2019 1 hour ago, thrillsnspills said: Tripped , Pushed, Fell, Stumbled call it what you like it all leads to exit stage left........ NEX One has to wonder if there was a farewell payout or a PG lodged.? Not unusual in many CEO departures these days 1 ivanthegreat reacted to this Share this post Link to post Share on other sites
scooby3051 4,446 Report post Posted March 4, 2019 So what happens to all the investors???How could this have ever happened??? Share this post Link to post Share on other sites
