And Sefton Council is short of a few bob

www.southportvisiter.co.uk/news/southport-west-lancs/sefton-council-announces-purchase-netherton-14295770

The Southport Visiter has the story on its web site – see link above

First over £30m for Bootle Strand shopping center a few months back now this purchase, I wonder where the money is coming from?

Now don’t get me wrong this seems, at face value, to potentially be a positive story which should enable elderly care provision to be continued on this site but bearing in mind how short of money Sefton Council is where does it get the money from to buy a property like this? We know it borrowed a huge amount of money to buy the Strand Shopping Centre not so long ago, so is this purchase also on borrowed money?

And one other thought, another big investment in Bootle by the Bootle based Council. Mm, when are the big investments going to happen in the rest of the Borough?

With thanks to Roy Connell for the lead to this posting

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