The $22 million funding target for the Rotorua Museum Centennial Development has been reached. The fundraising efforts for the project have been driven by the Rotorua Museum Centennial Trust which was established in 2006. Following the most recent meeting of the Trust on 8 May, Trust Chairman Lyall Thurston was able to confirm that the target of $22 million has been achieved.
“It’s a reflection of the high regard this building is held in that full funding has been secured before construction of the final stage has started,” says Mr Thurston.
The project is of both national and local significance and funding has been forthcoming from a wide range of sources. Strong commitment from Rotorua District Council, Rotorua Energy Trust, Bay Trust and the Rotorua Chamber of Commerce at the very early stages of fundraising set a solid platform for funding approaches to be made at a national level.