City's Pounds 20m Culture Loan Plea . . And 5-Year Payback ; Political Leaders Ask for Government Loan to Fund 2008
Liverpool Echo › June 14, 2007
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Summary
A LETTER will soon be on its way to the next Prime Minister asking him to let Liverpool borrow pounds 20m to pay for Capital of Culture.
The city's political leaders are supporting the one-off request, which would see council tax rise by an extra 1 % for the next five years, about 20p a week for most households, to pay the loan back.See the full content of this document
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City's Pounds 20m Culture Loan Plea . . And 5-Year Payback ; Political Leaders Ask for Government Loan to Fund 2008
Gordon Brown's decision will then dictate how the missing funds for 2008 will be found....
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