Decision to buy back Imax not unlawful

Decision to buy back Imax not unlawful Decision to buy back Imax not unlawful

THE decision to buy back the Waterfront Imax site and evict its tenants was not unlawful, the District Auditor has found.

Former deputy council leader Adrian Fudge had complained about the authority’s decision to spend public money buying back the lease and ousting the businesses still trading.

The eviction of the tenants, which included the Harbour Lights pub and Wacky Warehouse and a KFC, cost the council £360,000 a year in lost revenue.

But District Auditor Simon Garlick said: “I do not accept that the loss of rental income on the Waterfront complex was unlawful. The council considered fully the consequences of removing the tenants and the potential for lost rental income.

“Whilst subsequent delays in progressing the development have increased these losses, I am of the view that this does not render the council’s actions unreasonable or otherwise unlawful.”

Comments(4)

Old Colonial says...
10:38am Sun 30 Sep 12

Not unlawful but b****y stupid.

There can't be many councils that pay out tax payers money to destroy jobs!

wonderway says...
12:20pm Sun 30 Sep 12

360,000 pounds a year lost a vonn Beesley cut roughly same amount from adult learning great budgeting from council well now exeter road car park will be gone shortly pavillion car park winter gardens council will be happy. i rekon everyone become a traveller buy a van you can park where you like long as you like at no cost even get visit from council to check your ok lol

Gastines2 says...
4:35pm Sun 30 Sep 12

£360K a year,and all the rest.Council tax,Security,etc. ,etc.I expect one day we will learn just how much has been wasted.I wonder how long the Open AiR Plaza will be in profit?The only ones who seem to do very well out of the Council blunders are Morgan Sindall and Carillion.Was the Demolition contact published anywhere for competetive quotes?Are the fixtures and fittings being sold off for tax payers benefit? I would imagine the salvagable materials from the structure would be worth plenty on the Bournemouth Airport developement site for warehousing etc?

Chiqqy says...
10:07pm Sun 30 Sep 12

One of my customers today said they saw windows cleaners on it.....I don't know how truw this is but WHY ???

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