The 100-year lease of Wanaka Airport has been revealed to have cost $11.3 million.

Late this afternoon the Queenstown Lakes District Council (QLDC) released an unredacted copy of the 2018 lease agreement.

The document release follows through on a promise made by QLDC Mayor Jim Boult at a meet-the-candidates function in Wanaka last night.

Wanaka Stakeholders Group chair Michael Ross says the group is cynical of Mayor Jim Boult’s timely release of the Wanaka Airport lease.

However, Michael Ross, chair of the Wanaka Stakeholders Group that has been seeking a copy of the lease and last week announced it will seek to take the matter to court, says it’s “too little too late”.

“This appears to be a cynical and calculated move by the mayor to score points at the 11th hour in the election.

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