2008 Debts May Force Sale of Culture Office ; Council Considers Selling Millennium House to Help Plug Pounds 20m Shortfall in Funding Exclusive
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Summary
THE HOME of Liverpool's Culture Company could be placed into a charitable trust and sold to help plug the pounds 20m shortfall in '08 finances, the Daily Post can reveal.
The unusual option of setting up a charitable trust is being explored by the city council as an option to plug the funding gap for the city's Capital of Culture celebrations.See the full content of this document
Extract
2008 Debts May Force Sale of Culture Office ; Council Considers Selling Millennium House to Help Plug Pounds 20m Shortfall in Funding Exclusive
Last night, council officials stressed the preferred option was for the Government to give permission for buildings or land to be sold directly through a pro...
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