Published: Wednesday, 30th July, 2008 10:30
Council feels the crunch as £25m axe falls
By Kevin Dyson
THE CREDIT crunch bit hard in Norh Ayrshire this week as it emerged council chiefs have been forced to scrap half of their building programme.
The "rephasing" of £25m worth of capital plans includes postponing £1m of funding for the renovation of Irvine's Town House, £6.334m for the devlopment of Montgomerie Park, the £200,000 extension of Knadgerhill Cemetery and £1.3m for regeneration projects across the area.
Almost £350, 000 of improvements to community centres will also be postponed.
NAC Finance Director Alasdair Herbert said that the housing slump led to the council making the decision not sell surplus land - which makes up part of its income - on the cheap.
Chief Executive Ian Snodgrass added that none of the projects had been removed from the budget.
For all the details see this week's Times


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