JOHN BISSET/Stuff Timaru District Council’s draft Long Term Plan (LTP) proposes capital expenditure of more than $530 million over the next 10 years. (File photo) An "ambitious" proposed capital works programme costing more than half a billion dollars over the next 10 years is outlined in the Timaru District Council's draft Long Term Plan (LTP). Timaru District mayor Nigel Bowen said although the $530 million capital spending project was “ambitious”, much of what needed to be spent was on essential infrastructure, including projects such as the Pareora Pipeline. “There is a real need for quality infrastructure and core renewal of our assets,” Bowen said.