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The Rodney Local Board is being forced to consider its options, following a $250,000 shortfall on funds it is owed on the Warkworth Town Hall restoration project.
The Board contributed $1.275 million to the hall restoration, but $675,000 was underwritten and due to be repaid by December 22 last year.
The fundraising to cover this cost was managed by the Warkworth Town Hall Restoration Trust, which raised $450,000 by the due date. Board chair Beth Houlbrooke says there is no urgency required for the repayments.
“We really only set the due date for repayment as a goal for the trust, but things will continue as usual despite the shortfall,” Ms Houlbrooke says.
“Looking forward we could extend the deadline, get them to focus on hall promotion to create revenue or just allow the trust to disband and cover the cost in our next budget.”
Ms Houlbrooke says working through these options with the trust will not put a strain on resources.
Warkworth Town Hall Restoration Trust chair Ilona Rodgers was unavailable for comment.
