Councils Hold Funding Meeting About North Yorkshire Incinerator
12:02pm 4th April 2013
Representative from York and North Yorkshire councils are meeting ministers in London to discuss how they'll find millions of pounds to pay for the Allerton Park incinerator near Knaresborough.
The government pulled Private Finance Initiative credits, worth millions of pounds, in a sudden decision in February.
Contracts have already been signed with a private company to run the incinerator which could leave both councils picking up the bill.
North Yorkshire County Council said in a statement:
"We are attending a meeting with the Minister and representatives from the other councils affected by the Government’s recent decision to withdraw Private Finance Initiative credits for waste management projects. The purpose is to seek an explanation of the rationale behind the decision, which was unexpected, given that in North Yorkshire’s case there have been repeated indications from Government throughout a lengthy five year procurement period that the scheme would be funded through PFI. The purpose of the meeting is also to set out the impact of the PFI withdrawal on the three projects.”
City of York Council told Minster FM:
“We remain focussed on delivering the Allerton Waste Recovery Park (AWRP) by 2016/17 and are working closely with North Yorkshire County Council to address the financial affordability following the withdrawal of the Government’s Waste PFI credits.”
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