Money generated from the sale of council building will be invested in community projects, it has been announced.
Buckhurst Hill Parish Council last week finalised the £470,000 sale of its former office and information centre in Queens Road, Buckhurst Hill, to developer Braveform Limited.
The council says the sale enables the council to repay the loan on the property, invest funds in projects and keep council tax at its current level.
Parish council Chairman, Cllr Aniket Patel, said: "Savings on the former property, together with the reduced outgoings since the successful relocation to Buckhurst Hill Library, will ensure that residents receive best value for their money."
The public is being asked to suggest projects for investment.
You can contact councillors with ideas for the project fund, here.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel