Alexander Supertramp
Well-known member
From Mayor Andy Preston :
£1.8m Down The Drain Every Year
Middlesbrough Council has made some shocking decisions over the years.
One of the very worst was demolishing part of Gresham, 561 homes were demolished at a cost then of about £50 million. That would be more like £100 million today.
Every person in Middlesbrough is still paying for the cost of this, the interest alone is £1 million per year. But in addition to this, there is another massive financial cost in the lost council tax receipts of £800,000 per year.
On top of 1.8 million annual costs in cash terms, the human cost of the failed Gresham redevelopment is staggering.
Families were destroyed, lives were ruined and the community was completely ravaged.
My point here is not to live in the past, but to say that we have chances to put these things right.
The Mayoral Development Corporation had £8 million ready and waiting to be invested in Gresham to fast track more development of homes to improve the environment for people that live there, and to make visitors to Middlesbrough feel that they are coming to a more positive ambitious and productive place.
I’m working hard to try and make sure that we can still win a mayoral development corporation from the government.
Certainly, the majority of Middlesbrough councillors are behind this and I have written to Michael Gove and Ben Houchen stressing this widespread support and urging them to press ahead with a plan.
£1.8m Down The Drain Every Year
Middlesbrough Council has made some shocking decisions over the years.
One of the very worst was demolishing part of Gresham, 561 homes were demolished at a cost then of about £50 million. That would be more like £100 million today.
Every person in Middlesbrough is still paying for the cost of this, the interest alone is £1 million per year. But in addition to this, there is another massive financial cost in the lost council tax receipts of £800,000 per year.
On top of 1.8 million annual costs in cash terms, the human cost of the failed Gresham redevelopment is staggering.
Families were destroyed, lives were ruined and the community was completely ravaged.
My point here is not to live in the past, but to say that we have chances to put these things right.
The Mayoral Development Corporation had £8 million ready and waiting to be invested in Gresham to fast track more development of homes to improve the environment for people that live there, and to make visitors to Middlesbrough feel that they are coming to a more positive ambitious and productive place.
I’m working hard to try and make sure that we can still win a mayoral development corporation from the government.
Certainly, the majority of Middlesbrough councillors are behind this and I have written to Michael Gove and Ben Houchen stressing this widespread support and urging them to press ahead with a plan.