The People's Choice, a Labour-aligned group, says it is "only fair" ratepayers outside of Christchurch stump up with some of the cash to contribute to the cost.
The Multi-Use Arena is proposed to be located in the East Frame.
“Canterbury is a sport-loving province and Cantabrians from Waimate to Hanmer Springs will enjoy future events at the new stadium, so it’s reasonable to spread the load regionally instead of asking only Christchurch ratepayers to dig really deep into their pockets," said Central-Ōhoko Environment Canterbury candidate Paul McMahon,
He said based on their calculations it would save households $1500 over a ten year period.
The city council has allocated $253m to the stadium, while in October the Government said it had earmarked $220m. However, Stuff reported Christchurch ratepayers may have to fork out $6m a year because of the shortfall in revenue from events.
“We have the usual crowd calling for the city to sell income-earning assets to pay for the Arena, but The People’s Choice/Labour team are not going to sell assets. A regional rate, to spread the load, is a much more financially prudent method of raising revenue.
“This is not a new idea, it’s used in other regions like Wellington and Northland. We need a regional response, especially on big ticket items and major projects that benefit everyone. Let’s get everyone in our province involved, working together, and sharing the load,” said McMahon.
Construction of the stadium is set to begin in 2021 and due to be completed by early 2024.
