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Old 20th Aug 2020, 13:23
  #4271 (permalink)  
LTNman
 
Join Date: Jul 2002
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Well it gets a little worse for the Council. There is a force majeure clause in the contract between LLAOL and LLAL. Even with no passengers LLAOL still has to cough up I think £3m to LLAL. It has been reported that lawyers are looking at the contract as LLAOL want to invoke the clause and keep the £3m.

The road for Terminal 2 is meant to be funded directly by the Council for tax reasons. It should be noted that the road is not part of the Development Consent Order. With the Council not having 2 pennies to rub together they will have to borrow even more money to fund it. I think the first phase is costed at over £40m. According to SEMLEP the final bill will be over £100m.

Again the Council wanted to build the road before the expansion decision was made to save time but delays mean this won’t now happen.
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