The council has made $71,476 in net profit from harvesting forestry at Cape Wanbrow as at April 11, council recreation manager Erik van der Spek says.
Addressing the Community Services Committee yesterday at the Waitaki District Council, Mr Van der Spek said further revenue could be expected as the operations on the cape are completed.
“We’re still in progress as far as harvest goes,” he said.
The two major rain events over the past few weeks had held up contractors slightly, he said.
In his update to the council, Mr Van der Spek broke down the expenses incurred as harvesting occurred at the cape.
As of April 11, $294,407 has been received in revenue.
Expenses totalling $222,931 have been incurred as of that date, leaving a net profit of $71,476.
Expenses incurred included logging costs, cartage costs management fees, loading costs, roading/skid costs, weightbridge fees, signs and a grower levy.
Cape Wanbrow was reopened to the public on April 25 after storms damaged trees last year, leaving trees with the potential to fall with no warning.
At the Community Services Committee meeting, Waitaki Mayor Gary Kircher said there had been a great deal of publicity over the cape being closed to the public, and it was good to see the health and safety concerns being sorted.
“It’s a well used and well loved recreation area,” he said.