Airport sale funds nearly spent
October 14th, 2008
posted by Cptn
Did you know that £48 million has been raised from the sale of Exeter Airport, and did you know that nearly all of it has been allocated already? Shucks.
That said, there’s still around £927,000 knocking around through individual councillors, who were allocated £25,000 each to spend on projects in their own area.
The remainder of the £48 million has gone on the Lynton and Lynmouth Hydro-Electrical scheme, which will use water from the River Lyn to generate electricity, £100,000 towards the redevelopment of Matthew Hall in Topsham and £2.5 million for a new sports hall at Teignmouth Community College.
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