A ‘blow’ for council facing $6.8m payout

FRANK Zaknich’s departure from Broken Hill coincides with his council facing a potential $6.8 million payout to a mining company.

The council may have to repay overpaid rates to Perilya Limited because a court found its mines had been overvalued.

The NSW Valuer-General is appealing the decision with a state government inquiry launched into land valuations.

The valuation, made in 2007, coincided with the Broken Hill Council going into administration for two years.

Mr Zaknich was not available for comment after his appointment but mayor Wincen Cuy said his departure was a blow for Broken Hill.

“Frank’s work with the council has seen Broken Hill secure a wide range of community services and facilities together with significant mining, retail, renewable energy and film industry developments and associated infrastructure investments,” he said.

Mr Zaknich had guided the organisation to renewed health and confidence with the return of the elected body.

Broken Hill is also in the Farrer electorate and local member Sussan Ley said Mr Zaknich was a “good get for Albury”.

“Frank was terrific to deal with during what was a challenging time for the council,” she said.

“On top of his extremely professional approach, he happens to be a terrific bloke and, for what it’s worth, pretty handy on the drums as well.”