New structure to replace three groups for the repair of Christ Church Cathedral

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A single council under new leadership will replace the three repair groups at Christ Church Cathedral.

Justin Murray is stepping down as chairman of Christ Church Cathedral Reinstatement Ltd (CCRL), a joint venture formed three years ago to manage the $ 154 million earthquake repair project.

The company shares governance of the project with its two shareholders, the Church Property Trustees, which is the branch of the Anglican Church that owns the building, and Christ Church Cathedral Reinstatement Trust, a group formed to raise funds for the repair.

The project will now be led by a new entity, Christ Church Cathedral Ltd. Its board of directors will be chaired by Christchurch businessman Mark Stewart.

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The cathedral is halfway through a 10 year repair.

Stacy Squires / Stuff

The cathedral is halfway through a 10 year repair.

Mark Stewart is part of the wealthy Stewart family and is the son of Dame Adrienne Stewart and the late Sir Robertson Stewart.

The cost of repairing and strengthening Christchurch’s central building was initially budgeted at $ 104 million by a government task force in 2016. The project requested an additional $ 51 million, with the rich being targeted for donations.

Christchurch City Council previously contributed $ 10 million funded through a 10-year tax on all taxpayers. The government provided a grant of $ 10 million, plus a government loan of $ 15 million that would not have to be repaid if certain conditions were met.

Christchurch businessman Mark Stewart will chair the board of directors of the new Christ Church Cathedral repair entity.  (File photo)

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Christchurch businessman Mark Stewart will chair the board of directors of the new Christ Church Cathedral repair entity. (File photo)

Prince Charles donated an undisclosed sum during his visit to the city.

The funding target included $ 26 million needed by year end to keep the project on track by 2028. A further $ 25 million would then be needed over three years for further milestones. , including a new tower, café, museum and event space.

The 10-year project has its own law of parliament and is expected to be completed in 2028.

Murray has led CCRL since its inception. He said it was time for “a new team to lead the project to its next chapter.”

“Streamlining the governance of this complex project under a single board with overall responsibility for the next phases, with all parties united behind the decision, demonstrates great local leadership,” he said.

Justin Murray chaired the cathedral repair joint venture.  (File photo)

Iain McGregor / Stuff

Justin Murray chaired the cathedral repair joint venture. (File photo)

Murray is an investment banker and was recently appointed chairman of the board of directors of the city council-owned fiber optic company Enable.

Peter Guthrey, chairman of the board of the Church Cathedral Reinstatement Trust, said the new structure “would allow reintegration to proceed smoothly and ensure that the fundraising effort is coordinated with the demands of the project.”

Peter Carrell, the Anglican bishop of Christchurch, said he was grateful for what had been accomplished under the leadership of Guthrey and Murray, and that he was “delighted” with the appointment of Stewart.

Carrell will represent the Church’s property managers on the new board.

Further announcements regarding board appointments and fundraising plans are expected to be made in the new year.

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