Empty Monks Cross restaurants could cost taxpayers £1.4 million

The Community Stadium saga has taken a new turn, with the Council admitting that it may not get the full £3.8 million which the developer has promised to pay for land allocated for three restaurants.

The units are unlet and if they remain so on the opening date, then the Council could receive £1.4 million less for its interest.

June 2019 Council report

The Council says that discussions are ongoing with several potential tenants.

A report the Councils Executive confirms that building work on the stadium should be completed in September. The buildings would then be handed over to the operators who will be responsible for obtaining a safety certificate. The Council claims that it still opens the stadium will be operational in October but that seems optimistic to many observers.

In the meantime, the Knights Rugby team continue to play their matches at Bootham Crescent. The Council plans to increase their subsidy to the club from £30,000 to £45,000 to compensate for the delays in moving to Monks Cross.

The stadium project cost £22.6 million during the 2018/19 financial year