Burgess Hill Town Council has secured a £3million loan to pay for an arts venue to be built in Burgess Hill, the Middy can exclusively reveal.
The venue is to replace Martlets Hall, which closed on June 30.
Residents had voted against paying for the £6.9million venue through increased council tax, so the council came up with a revised funding plan.
It proposed to pay for the venue with a £3million loan from the Public Works Loan Board – rather then a £5million loan which was originally proposed.
The additional £2million is planned to come from public fundraising and sponsorship.
Pru Moore, leader of the town council, told the Middy: “The town council’s application for the £3million Public Works Loan has been approved and now it is all systems go to deliver the community arts building that the residents desire.
“We are already working towards the planning application and our fundraisers will be be now starting their fundraising plan to complete the building.”