 The Scottish Arts Council described the centre as a "world-class facility" |
Councillors in Aberdeen have voted to give a new arts centre �3m in funding. The Scottish Arts Council had already committed funds for the �13m Peacock Arts venture in Union Terrace Gardens. BBC Scotland had revealed that Aberdeen Council accountants had described it as a "financial risk" at the current time, amid efforts to make savings of �50m. But councillors voted to approve the funding, a decision welcomed by Peacock Arts but criticised by a disabled project facing council funding cuts. The Scottish Arts Council described the contemporary arts centre as a "world-class facility". It could attract about 200,000 visitors a year and bring an estimated �5m annually into the local economy. The committee agreed that the �3m grant would be capped at that level. Members also agreed that no bridging finance would be awarded and that the city council would not underwrite the �4.5m that Peacock needs to raise for the scheme by their own fundraising efforts.
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