The report found no one could be held liable for the earthquake-prone state of the building, given best practice measures had generally been used at the time of the upgrade.
The report said building strengthening technology and approaches to the type of restoration undertaken by the council had changed significantly since then, however, with one factor for the changes being the Christchurch earthquakes.
Hastings Mayor Lawrence Yule said the findings of the independent report, and subsequent advice, had led to the council decision to close off the building's frontage as a safety precaution.
Until this week, engineers had not been in agreement about what precautionary measures were most appropriate, he said.
The fencing around the building is likely to remain for some time.
The council has asked three firms to submit plans and concepts for undertaking strengthening work on the building, and it has given them a deadline of the end of January next year to submit those ideas.
The plans will be considered by the council in February and repair work will start after that.
The cost of repairs is expected to be several million dollars.