iPredict

Jono Naylor to be elected Mayor of Palmerston North

Long Description

This contract pays $1 if Jono Naylor is elected Mayor of Palmerston North in the next local body elections. Otherwise this contract pays $0.

Judging Criteria 

This contract will immediately close at $0 if Mr Naylor definitively announces he will not be a candidate for the Palmerston North mayoralty at the next local body elections.

This contract will close at $0 if Mr Naylor departs from the Palmerston North mayoralty for any reason prior to the end of this term and does not definitively indicate he will be a candidate for Mayor of Palmerston North in the next local body elections within 48 hours of the announcement of his departure.

In the event the Palmerston North City Council amalgamates with one or more other city councils, this contract will follow the amalgamated body. If Palmerston North City Council is re-named this contract will follow the re-named body.

For the purposes of this contract, "next local body elections" refers to the first local body election which decides the Palmerston North mayoralty which occurs after the launch of this contract.

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.