Te Tahuna Trust - Rotoiti 13D 2
History
The Te Tahuna Trust was established in 1981 under S438 of the Maori Affairs Act. It continues as an Ahu Whenua Trust under the Te Tura Whenua Maori Act 1993. The Trust Lands comprising some 49 ha are located at Hinehopu at the eastern end of Lake Rotoiti . There are 28 leasehold sections each of approx 800 m2, 23ha is leased to the Hinehopu Golf Club.
The Trusts assets are vested in 5 trustees who have been elected by the owners and appointed by the Maori Land Court .
Te Tahuna Trust
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Trust Business
The Trusts assets comprise: Leasehold sections, the Hinehopu Golf Club, the Old Tearooms site, a range of Investment Portfolios and New Business Loans.
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28 Leasehold properties
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The Hinehopu Golf Club is just beyond the line of trees
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The old hinehopu tearooms
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Our investment partners - Craigs
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Distribution Policies
Benefits will be paid to beneficial owners through dividends, grants and loans as per specific agreed Policies. Click here for a copy of the Strategic Plan.
Our distribution policies
2018-2022 - Strategic Plan
History
history/management structure
History/Management Structure
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The Trusts assets are vested in 5 trustees who have been elected by the owners and appointed by the Maori Land Court. It is the trustee's responsibility to manage the trusts assets in accordance with the trust Order for the benefit of all the owners.
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Portrait of Matawhaura
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investments
Investments
Craigs Investment Partners
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land management
Land Management
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Matawhaura
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shareholders
Shareholders
Whata Whānau Reunion 2010
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trustees
Trustees
The current trustees are:
Ivor Jones - Chairperson 2023
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Anahera Waru - Trustee
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Phyllis Tangitu - Trustee
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Rau Engelen - Trustee
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John Treanor - Trustee
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Other people who have served as trustees include:
S Newton, L Hall, Marukore Hohepa, D Whata, Joe Malcolm, Hautahi Kameta, Jack Brady, Matt Hohepa, Tai Whata, Rerewa Meha, Riki Whata, Wira Gardiner, Te Ponui Raharuhi, Ruka Hughes, David Gardiner, Mana Malcolm, Grace Malcolm, Morris Meha, Donna Grant, Esmae Sinclair, Pat Isherwood, Ellen Gardiner, and Raina Meha.
S Newton, L Hall, Marukore Hohepa, D Whata, Joe Malcolm, Hautahi Kameta, Jack Brady, Matt Hohepa, Tai Whata, Rerewa Meha, Riki Whata, Wira Gardiner, Te Ponui Raharuhi, Ruka Hughes, David Gardiner, Mana Malcolm, Grace Malcolm, Morris Meha, Donna Grant, Esmae Sinclair, Pat Isherwood, Ellen Gardiner, and Raina Meha.
Secretary and trust advisers
Secretary and Trust Advisers
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The Trusts first secretary from 1981- 1983 was W Vercoe . Keith Hinton was secretary until 1985 when Murray Patchell was appointed. Martin Kinder is the current Secretary for the Trust.
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The trustees employ advisers to assist them from time to time in various specialist areas. They are: Accountants (Deloitte, Rotorua), Property Management (Deloitte Rotorua), Solicitors (Lance and Lawson), Valuer (Dave Townsend, Townsend & Associates, and Investment Advisers (Craigs Investments).
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general
General
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Te Tahuna Trust
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Trustee Login
Trustee's can login to access minutes of historic and upcoming Trustee meetings.
Trust Business
Lease Hold Sections
There are 28 leasehold sections leased for 20 years from 1 October 1997, with a 5 year rent review and a right of renewal for a further 20 years.
Our 28 leasehold sections board Lake Rotoiti
New Business Loans
As detailed in the distribution policies the trust makes funds available to owners and descendants of owners to help them get started in new business ventures. Previous loans have been for tourism ventures, a logging cartage contractor.
Shareholders can apply for a new business loan of upto $15 000 at competitive interest rates
Hinehopu Golf Club
Comprising approx 23ha leased for 10 years from 1 October 1997 with 5 year rent reviews and a right of renewal for 10 a further years.
The Hinehopu Golf Club - Set next to our sacred mountain Matawhaura
Old Tea Rooms site
History
This area is currently a vacant section and was previously leased to Te Runanga O Ngati Pikiao for 5 years from 1 May 2002 , rent reviews every 2 ½ years and a right of renewal for a further 5 years.
Short term lease for 1 year: 2018
Fulton Hogan have been engaged by the Rotorua District Council to construct the new Rotoma/Rotoehu sewage scheme. The trustees have negotiated a short term lease for the use of the site to house office and storage facilities for the duration of the project.
Fulton Hogan will be constructing a fence to provide security for the site and at the completion of the lease will remove all items and return the site to its initial condition at the completion of the project in early 2019.
This area is currently a vacant section and was previously leased to Te Runanga O Ngati Pikiao for 5 years from 1 May 2002 , rent reviews every 2 ½ years and a right of renewal for a further 5 years.
Short term lease for 1 year: 2018
Fulton Hogan have been engaged by the Rotorua District Council to construct the new Rotoma/Rotoehu sewage scheme. The trustees have negotiated a short term lease for the use of the site to house office and storage facilities for the duration of the project.
Fulton Hogan will be constructing a fence to provide security for the site and at the completion of the lease will remove all items and return the site to its initial condition at the completion of the project in early 2019.
The old Hinehopu tearooms
Investment Portfolios
Separate portfolios are managed by Craigs Investment Partners.
Craigs Investment Partners
Distribution Policies
cultural development
Cultural Development
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Kohanga Reo Grants
The Trust aims to enhance Te Reo and the cultural heritage of Te Tahuna descendants by building a base of students skilled in Te Reo and Tikanga and providing grants to local Kohanga Reo. Grants are available for staff training and purchase of resources and equipment. Marae Grant Policy The Trust aims to enhance the cultural heritage of Te Tahuna Owners and their descendants by building a base of people skilled in Te Reo, Tikanga, Maori Arts and craft and by providing Grants to Tapuaeharuru Marae. Grants are available forthe construction maintenance or improvements of Marae buildings and facilities. Ngati Tamateatutahi Kawiti Representation Policy Funds available for Kaumatua assistance in representing the hapu at hui. |
Uruika - Whare Tūpuna
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Social grants
Social Grants Policy
Kids Triathlon - Tamatea St and Lake Rotoiti
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The trust aims to assist owners and their descendants in the development of sustainable health and social services through the provisions of grants and/or loans.
Kaumatua Hauora grants The trust wishes to provide financial assistance to Kaumatua by contributing to the costs of prescription glasses and hearing aids. Application forms are available from the Secretaries office. Discretionary Grants Trustees can provide any such other grant or loan as they approve to benefit as wide a group of owners and descendants as possible. |
education development
Education Development
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Tertiary Education Grant Policy
The Trust aims to create an environment for success in tertiary Education by building a base of skilled Maori students, providing vocational Training grants and establishing a database of Te Tahuna Tertiary students. |
Kidz Triathlon
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economic development
Economic Development
Uruika - Whare Tūpuna
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New Business Loans
The Trust aims to create for Te Tahuna Trust owners and their descendants an environment for successful Maori business ventures and economic growth by building a base of skilled Maori business enterprises and developing alliances for Maori economic development. Loans are available for Business investigation funding and /or capital/set up costs. Maximum loan is $15,000 and loans are repayable with concessionary interest payable. Applicants must prove they can service their debt borrowings and provide security for their loan. Repaid loans will be held in a separate reserve fund and will be available for future loan applications. |
shareholders grant
Shareholders Grant Policy
Funds previously set aside for dividends have been transferred to the Shareholders Grant Reserve. A grant was paid to shareholders in October 2004 and is available to shareholders, subject to the terms of the grants policy, up to the payment date of the next grant, expected to be paid in 2006. The current policy in respect of the shareholders grant is as follows:
- The distribution date is to be 1 October 2004 .
- Payments to be made only to bank accounts.
- All beneficiaries are to be advised of the payment date and those who have not provided bank accounts details will be asked to do so.
- For identification purposes the grant will be called the "2004 grant".
- Sufficient funds will be retained to cover any beneficiaries who are located after the payment date.
- The trustees reserve the right to make only one payment to a beneficiary whose name may appear more than once on the share register where it is evident that those multiple names refer to one person.
- Any beneficiaries who are located after the payment date will be entitled to the payment they would have received had their address and bank account details been known at the distribution date.
- Any owners who succeed to shares after the payment date will be entitled to payment of the current shareholder's grant based on their shareholding, irrespective of whether a grant had been paid to the person from whom they have received their new shares.
- Entitlement to the payment will expire on the date of the next payment declared by the trustees.
- The trustees reserve the right to amend this policy or draft new policy to cover any circumstance not covered or anticipated by this policy, in respect of payments to all beneficiaries or to any one or more beneficiaries and the trustees decisions in these matters will be final.
General guidelines
Benefits will be paid to beneficial owners through dividends, grants and loans as per specific agreed policies. The annual net income after costs is to be allocated as follows:
General Guidelines
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Reinvested in the Trust 5%
Dividend Reserve 45% Development Policies 50% Total 100% |
annual reports
Annual Reports
Copies of full Annual Reports and Financial statements are available at the Annual General Meeting, and are available to owners on request from the secretary's office. Digital copies of annual reports for the most recent years are attached to download below.
2018 Report
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2021 Report
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2022 Report
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Click the link for a full set of the Distribution Policies. Click this link for a copy of the Strategic Plan.
Contact
Deloitte, Rotorua are the administers for the Trust. Should you have any questions, please contact the Trustees through Deloitte.
Professional Services:
Te Tahuna Trust - Pukeroa Oruawhata House - 2/1176 Amohau Street - Rotorua, 3010
Phone:
07 343 1056
Email:
Bella Geary (Trust Secretary)
Te Tahuna Trust - Pukeroa Oruawhata House - 2/1176 Amohau Street - Rotorua, 3010
Phone:
07 343 1056
Email:
Bella Geary (Trust Secretary)
Professional services by Deloitte
