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+--- Thread: Sunderland Station redevelopment (/showthread.php?tid=3216)
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RE: Sunderland Station redevelopment - Adrian - 20 Aug 2021
(20 Aug 2021, 5:17 pm)Michael From the Skyscrapercity site:
I've just heard that the Council have purchased the land where the railway club and Sinatra's is situated, likely for the multi storey car park.
Interesting, apparently the owner got a Million quid for Sinatra's.......... from a council which apparently has NO money..........................
Where are you getting that they have no money? They have £174m in usable reserves, some of which will be used for capital investment such as the one you describe.
Their accounts are on the website: https://www.sunderland.gov.uk/media/23986/Statement-of-Accounts-2020-2021-audited-pdf/pdf/Statement_of_Accounts_2020.2021_subject_to_audit.pdf?m=637616999893930000
RE: Sunderland Station redevelopment - Michael - 20 Aug 2021
(20 Aug 2021, 6:26 pm)Adrian Where are you getting that they have no money? They have £174m in usable reserves, some of which will be used for capital investment such as the one you describe.
Their accounts are on the website: https://www.sunderland.gov.uk/media/23986/Statement-of-Accounts-2020-2021-audited-pdf/pdf/Statement_of_Accounts_2020.2021_subject_to_audit.pdf?m=637616999893930000
Sure I've seen a few posts where they've said they have no money and want bailing out........ yet they have 147m in the bank.
Apparently they're paying rent for the new Civic Centre too, according to leaks from councillors.
RE: Sunderland Station redevelopment - 54APhotography - 21 Aug 2021
(20 Aug 2021, 6:32 pm)Michael Sure I've seen a few posts where they've said they have no money and want bailing out........ yet they have 147m in the bank.£2m rent a year, for 35 years. and they won't be paying for it from reserves, it's coming out of council tax.
Apparently they're paying rent for the new Civic Centre too, according to leaks from councillors.
RE: Sunderland Station redevelopment - Michael - 21 Aug 2021
(21 Aug 2021, 6:16 am)54APhotography £2m rent a year, for 35 years. and they won't be paying for it from reserves, it's coming out of council tax.
Hence the reason why the council tax will go up then.........
RE: Sunderland Station redevelopment - Michael - 24 Apr 2022
Finally work is starting on the Sunderland Train Station although the station its self and the surrounding shops has been blocked off and getting everything removed, its finally going...... can't wait to get rid of the eye sore....
one of many in Sunderland...... sadly.