However we have made a decision to utilise some $4m of $40m of proceeds to build the 'transitional' or 'cardboard' cathedral which already has its concrete pad poured on another inner city site. The Press reports thus (and I cite in full):
"Funding for the cardboard cathedral could be in jeopardy after a judge ruled that Christ Church Cathedral insurance money might not be used for the project.
In my view there could be creative ways to resolve this matter (at least at a theoretical level - I appreciate the reality could be tough). For example, we could treat the $4m as a loan from the proceeds and find a way later to pay it back from future funds raised.
It could also be that further clarity from the judge could yield the conclusion that our decision stands as it was made before the judgement was arrived at. Either way, however, it is one more headache we do not need!
I am neither a lawyer nor the son of a lawyer ...