Wednesday 1 August 2007

Tuition fees

Further to my previous post on the subject, I have just received the following from Nic:

"Howdy Power Rangers,

Good effort all those who cleaned the room up. The deputy City Council leasder, Steve Jones and Mohammed Mahroof from Corporate Property both looked round the room and It felt a lot easier bigging up the school in it's cleaned state than otherwise.

The council has decided:
To take the building of the market.
They are sympathetic to the users needs in the building and would like to
consult with us more, but they want us to decide what we want to do with the
building. (They are looking for something along the lines of what happened
to Burton Street where the users formed a management committee and bought
the building for half price and now manage the building as a community
asset.)

They will give us quite a bit of time to do this in. Beyond Christmas 2007
at least was the best I could get from Steve Jones.

They are prepared to give us help in coming to a decision of what we want to
do with the building and has asked Anne Allen head of property services to
get in touch with us to help us with the process.

What they are offering is that we, 'the steering group' take on the running of the school. It costs about £50'000 every year to run, they get about £15'000 in rent a year from the school tenants. In addition we would have to fix the school up (Millions of £) and they may then sell it to us at perhaps 1/2 price (Millions of £). This is what has happened at the Burton St. project. It's all a bit full on (+ ? unlikely) We'll discuss it all at the next steering group meeting and get back to you.

Nic
"

There's no way the current tenants can afford to buy a multi million pound building, mortgaged or otherwise. I suspect this is all part of a council strategy to be seen to be giving us a chance and of being fair but ultimately acheiving their goals. Which are to ditch the building from their portfolio. I understand that as it does nothing other than cost them money.

At least I have a bit more time to get amoeba assasin done!

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