That maybe correct 04, but the Council saved us by absolving NTFC from the £10/12 million debt. Clearly that gesture was made on the basis that NBC had the ability to reclaim land held by CDNL to recover the debt. It seems to me judging by comments on here,Jolly for example; that KT etc stole a march on NBC by securing the transfer of leases on the demise of CDNL. If the comments on here are correct as outlined by Jolly then the aims and objectives of KT/DB need to be scrutinised. Most of us are NBC rate payers and it’s our money collectively as well.
The debt from the money given to the Dodgy lot was not from the coffers of NBC, but a fund from central goverment.