Newport City Council has stepped in to provide sufficient funding to run the Pill Millennium Centre for three months to allow the centre to stave off financial problems.
At its meeting held on 17 November 2009, the Cabinet was informed of difficulties being faced by the Pillgwenlly Millennium Centre which is operated by a Trust as a company separate to the Council.
The Council had provided three years revenue assistance with the proviso that the Trust should stand alone financially at the end of three years, as stipulated in the Service Level Agreement between the Trust and Newport City Council.
The three year support was to cease at the end of November. The Cabinet was also informed of difficulties which meant that the Trust may not be in a position to run as a stand - alone organisation effective from 1 December 2009.
Cabinet expressed concern about the matters raised which had led to the position but wanted to explore ways in which it could assist the Trust to safeguard this community facility if at all possible and within financial constraints.
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