The World War I monument at Moutoa Gardens is on track to be finished in time for Anzac Day, according to deputy mayor Hamish McDouall.
Mr McDouall, who is also chairman of the Pakaitore Historic Reserve Trust Board, said the monument was expected to be completed except for the steps surrounding the obelisk.
"The steps were constructed separately from the obelisk and there is a problem fixing the steps," he said.
Mr McDouall said there had been "a couple of delays" with the reconstruction work but otherwise everything had gone according to plan.
Total cost of the restoration is nearly $500,000, with most of that money coming from the Lotteries World War I Commemorations committee. A condition attached to the money was that the work must be completed by Anzac Day 2015 - the centenary of the landing at Gallipoli.
The monument was commissioned by the Native Memorial Committee and built in 1925. It was dedicated to all Maori casualties of World War I. However, the interior of the obelisk was built using poor-quality materials and in recent years it had become cracked and unstable.
Work initially began on the monument in early 2013, with the restoration being carried out by Christchurch-based stone specialists Goldfield Stone.
The existing steel rods inside the obelisk were replaced with stainless steel rods, and the rubble with concrete. The shellrock cladding was carefully taken off, piece by piece, and labelled so that it could be replaced in exactly the same position on the monument. The marble statue of local World War I soldier Herewini Whakarua, which sat on top of the monument was restored separately.