General Manchester news
Latest:
Drugs pub licence revoked
Manchester radiation probe to get underway
Parents urged to park safe
Labour conference made £18m
Police shot at in Salford
Polio survivor wins community award
Manchester: businesses top pick
Radio presenter leads tourist campaign
More buses hinges on C-charge
Marketing waste reduced by Bluetooth innovation
General Manchester news Archive
All news archive
Transport bid costs Manchester nearly £10m
16/08/2007
The congestion charge bid has left Greater Manchester with a £9.8 million bill, it has emerged.
Although some of the money has come from central government, £6.6 million has been bankrolled by the city-region's passenger transport authority, which is publicly funded.
The money was spent on lobbying ministers, obtaining expert advice, creating millions of leaflets and a commissioning a survey of 5,000 residents.
At the end of July, eight out of the ten councils voted in favour of applying for money from the transport innovation fund (Tif) and the following week an official submission was made.
If the bid is successful, Greater Manchester will receive £1.2 billion in Tif grants and a further £1.8 billion in loans, which will be repaid with revenues raised by the congestion charge.
In an interview with Bolton News, Councillor Roger Hayes said: "If it brings in £3 billion in transport improvements, it may prove to be money well spent.
"But if we do not get it or decide we do not want to go ahead with it, it will be money down the drain."
However, Manchester City Council leader Sir Richard Leese said that the transport bid is vital if the city-region is to gain control of - and improve - its roads, trains and trams.
© Adfero Ltd
Delicious
Digg
Reddit
Facebook
StumbleUpon
Comments on this story
Add your comments here
No comments submitted yet