Central Library closure set to plunge Wellington City Council a further $10m in debt
The closure of Wellington's Central Library looks set to cost the city more than $10 million in its first year, plunging Wellington City Council further into debt.
While $4.5m of the estimated cost accounts for operational expenditure, the city is also set to haemorrhage another $6m in capital expenditure.
The council's city strategy committee will consider the cost of the closure at a meeting on Thursday.
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