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A Christchurch City Councillor says their lifeline to the A&P Association isn't a grant. Â
The board canned this year's A&P Show, saying it would be unwise under its current finances and business model.Â
The association's now breaking the 100-year lease on its Wigram Road site, with the council paying about a million dollars a hectare to buy the remaining 95 years. Â
Christchurch City Councillor Sam MacDonald told Mike Hosking the council is putting money into a capital protected fund.Â
He says the association won't have to come back for handouts due to the interest, adding it's a win-win as council can also use the land.Â
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