Tunbridge Wells Borough Council says auditors have not given specific approval for its plan to use a 50 year loan to fund the £27m Palm Court renovation, even though a council official recently appeared to suggest that the auditors were indeed on board. Senior council finance official Jane Fineman told an October meeting that "the …
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Tunbridge Wells Council Explains £ 23 million Loan for Shopping Centre Revamp
Tunbridge Wells Borough Council says that upgrades to its shopping centre will mean higher revenues from parking fees and "new retailers paying higher rents than the current occupiers of the space." The council has revealed that it expects parking charges in the newly refurbished Royal Victoria Place (RVP) shopping centre car park to rise by …
Continue reading Tunbridge Wells Council Explains £ 23 million Loan for Shopping Centre Revamp
