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Victoria Gardens Development FOI Request to Newton Abbot Town Council

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In the interest of transparency, this is the Freedom of Information request that I have today submitted to Newton Abbot Town Council. The Council is proposing to develop a small patch of land to include some trees and benches but, in its consultation, does not mention the cost. I believe that this is wrong and that the public has a right to know how much they will have to pay for this. Especially as the figures being put around are in excess of £500,000 over 40 years – representing a very significant chunk of the Town Council’s budget year on year and a very long term debt on local taxpayers.

I will post the response when it appears.

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Dear Mr Rowe

I email with a series of requests under the Freedom of Information Act 2000. The requests relate to the development at Victoria Gardens (“the Development”).

1- please confirm the amount budgeted by the Town Council for repayment of capital debt and interest of the Development in each of the financial years 2012-13 through to 2053-54. If there are years where there is no projected budget for this, please confirm the dates where this is the case.

2- please confirm the capital sum to be borrowed in respect of the Development.

3- please confirm whether the council is considering (or has agreed) a fixed interest debt instrument (or loan) or whether it is considering (or has agreed) a variable interest debt instrument (or loan).

4- please confirm the interest rates under consideration for the debt instrument (or loan) that is under consideration or that will be used for the Development.

5- please confirm the duration of the loan that is under consideration or that will be used for the Development.

6- please confirm the total projected to be repaid under the debt instrument (or loan) that is under consideration or that will be used for the Development.

7- please confirm whether any of the documents used for the public consultation on the Development had included the budget or cost for the Development.

8- please confirm the surface area of the Development site.

You will appreciate that FOI requests may be made by email and I am content for you to reply in the same way to *********. If you wish to reply by post, my address is **********.

I look forward to hearing from you within the designated timescale.

Yours sincerely

James Barisic

Written by James

September 21st, 2012 at 10:32 am