Tadley residents to decide whether youth facility loan should be taken out (From Basingstoke Gazette)
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Tadley residents to decide whether youth facility loan should be taken out
9:00am Tuesday 11th March 2014 in News
OVER the next few weeks all Tadley residents who are on the electoral register will be receiving a ballot paper through the post, asking if they want the town council to borrow £250,000 to contribute towards the capital costs of building of a youth facility at Tadley Community Centre.
The council would borrow the money from the Public Loans Board and pay it back over a period of 15 years by raising the council tax.
The total cost to a band D household over the course of the loan would be about £40, approximately £3.63 a year.
Chair of the council Cllr David Leeks said: "This is democracy in action, residents of Tadley have an opportunity here to vote on what they think the Town Council should do.”
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