City Hall Purchase Will Save Taxpayers Pounds 230m

Summary


TAXPAYERS will be saved Pounds 230m after a deal that will see the City of Lincoln Council buy City Hall, claims the council.

Currently the council owns the freehold for the land that the building is on, but the new deal will see them also purchasing the leasehold - meaning they will no longer have to pay rent.

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Extract


City Hall Purchase Will Save Taxpayers Pounds 230m

The deal, which was completed late on Friday and was voted on unanimously by councillors, will see the counc...

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