By Richard Wright
Wednesday, October 14, 2009
RYDE Gateway was closed by the Isle of Wight Council’s cabinet last night (Tuesday).
Cabinet pulled the plug on the project as costs climbed to nearly £10.5 million, of which more than £4 million would have fallen on the Isle of Wight Council.
Instead of pouring money into the controversial new train and bus station, councillors agreed to put £1.5 million into Ryde seafront improvements.
There was a commitment the council should never again get involved in schemes on land that it did not own after the Gateway ran into problems with landowner Network Rail.
It was the previous administration that won a government grant of £6.2 million for the purpose-built facilities in 2002 but it proved impossible to scale legal difficulties that the council said would prove a continuing drain on resources in addition to the increased cost of building the interchange caused by years of delay.
Wednesday, August 24, 2016
Tuesday, August 23, 2016
Monday, August 22, 2016
IWCP v4.0 © Isle of Wight County Press 2016. All Rights Reserved. Web Design By Matrix Create.
Contact Us | Disclaimer
| Cookies | Links | Sitemap
Isle of Wight County Press Ltd. Registered office: Brannon House, 123 Pyle Street,
Newport, Isle of Wight PO30 1ST. Registered in England. Registered number: 1342243.