Ryde Council faces cutting services and selling off properties to meet a construction funding shortfall for its problem-plagued new civic centre.
Ryde Council faces cutting services and selling off a suite of properties to meet an estimated $113 million shortfall for construction of its problem-plagued new civic centre, a confidential briefing document says.
But the council reported itself to the Independent Commission Against Corruption in March, saying that funds earmarked for the new development were wrongly transferred from a fund supplied by financial contributions from developers. The sale of the Argyle Centre, a dilapidated art deco community building in central Ryde, for private development is one property mentioned in the confidential briefing.
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