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Talks could secure long-term future of Aberdeen Arts Centre
Overview
Aberdeen City Council has unanimously agreed to enter negotiations for a new 30-year lease and a potential option to purchase for Aberdeen Arts Centre, giving a significant boost to the venue's long-term future. The operating charity, Castlegate Arts, has raised £350,000 toward its £660,000 funding target after losing council funding last year. Additionally, the council approved a £50,000 grant for essential electrical upgrades and will collaborate on a long-term funding and development model.
Key points
- Aberdeen City Council agreed to enter negotiations on a new 30-year lease for Aberdeen Arts Centre with an option to purchase.
- Castlegate Arts has raised £350,000 towards a £660,000 funding target following the loss of council funding last year.
- The council will provide a £50,000 grant for required electrical upgrades.
- Councillors and Castlegate Arts will collaborate on a new long-term funding and development model to enable applications for major capital grants.
- A report on the discussions and a costed business case will be prepared for next year's annual council budget.