Knowle relocation project: developer expected to pay

The District Council hasn’t got any money – which is partly not its fault:

Futures Forum: District and County Council announce spending plans in a new year of austerity for local government

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And today’s news shows it’s actually got even less:

Sidmouth residents asked to help make ‘careful choices’ over £2.7 million funding gap | Sidmouth Nub News

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Its financial quagmire has been compounded by its relocation project:

Knowle relocation project: costs and profits

Knowle relocation project: a summary of the issues

Knowle relocation project: an overspend on loans

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The sale of Knowle is crucial to avoid even more embarrassment and questions over financial probity – and last month, It had been thought that the sale might not go through:

Knowle relocation project: BREAKING: developer fails to pay

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It now looks as though the District Council will be saved that embarrassment:

£9m purchase of former council HQ ‘to be completed on Tuesday’ | Devon Live

£9 million payment for former council HQ in Sidmouth expected next week | Sidmouth Nub News

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