NGT – Funding Gap

It was reported in today’s Yorkshire Evening Post that the NGT trolleybus project has a £20 million funding gap. Metro’s chairman, Councillor James Lewis claims to be unfazed by the news. When the gap was announced in a report to his colleagues on the council’s Executive Board, he said that it could be made good by re-valuing upwards land that had been acquired by the council years ago. He also said they wouldn’t have to find the money all at once, and that the scheme might cost less that the estimated £250 million.

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