William Eichler 18 April 2018

Cornwall to provide £3m for the construction of a new stadium

Cornwall Council yesterday agreed to provide up to £3m of funding for the construction of a new sports stadium.

The council argued the Stadium for Cornwall project will help protect the Cornish Pirates and Truro City Football Club, as well as ‘contribute to wider economic and social benefits to residents.’

There were 69 votes for the plan, 41 against, and 7 abstentions

‘This decision recognises the wider benefits that a Stadium for Cornwall will bring to the whole of Cornwall,’ said the cabinet member for planning and economy Bob Egerton.

‘This is money that is set aside to support infrastructure to help grow the wider economy of Cornwall - it is not money that we are in any way diverting from delivering day to day services.’

In January 2018, the three partners leading the Stadium for Cornwall project, Truro and Penwith College, Cornish Pirates and Truro City Football Club, made a request to Cornwall Council for up to £6m of capital funding to add to the £8m already raised by the private sector for the £14m development.

The council’s £3m contribution to the funding will come from the Economic Development Match funding pot, and the council will also be submitting a bid to the Government for a further £3m to deliver the stadium.

A statement from Cornwall Council emphasised that ‘no further’ public funding will be available for the project and that no public funding would be involved in the running of the stadium.

The council’s partners will be responsible for covering any additional construction costs and operating costs and this will be incorporated into the conditions of providing the capital funding.

SIGN UP
For your free daily news bulletin
Highways jobs

Chief Executive

Ebbsfleet Development Corporation
up to £165,000
Ebbsfleet is one of the UK’s most ambitious regeneration projects, a 21st-century Garden City Ebbsfleet, Kent
Recuriter: Ebbsfleet Development Corporation

Virtual School Inclusion Support Officer

Essex County Council
£32768.0000 - £38550.0000 per annum
Virtual School Inclusion Support OfficerPermanent, Term Time£32,768 to £38,550 per annum (full time equivalent)Location
Recuriter: Essex County Council

Senior Business Development Officer

Essex County Council
£36341.0000 - £42754.0000 per annum
Senior Business Development Officer - Integrated Passenger Transport UnitFixed Term, Full Time£36,341 to £42,754 per annumLocation
Recuriter: Essex County Council

Adults Social Worker - Neighbourhood Team

Essex County Council
£37185 - £50081 per annum + Flexible Working, Hybrid Working
Interview dates
Recuriter: Essex County Council

Investment Marketing and Web Officer CDC

City Of Doncaster Council
Grade 8, £33,708 - £37,399
The postholder should be experienced in planning social media activity, refreshing web content and analysing their impact. Doncaster, South Yorkshire
Recuriter: City Of Doncaster Council
Linkedin Banner