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The freehold disposal of Hereford Town Hall is being discussed at a meeting set for August 6th It's not a simple 'yes or no question' because this is public money that needs to be spent! There are huge maintenance costs to consider, many of the county's historical buildings require regular maintenance and the Hereford Town Hall needs at least £2.5M spending on it immediately just to bring it up to standard, but there is a lot more work required. This is mainly down to the lack of ongoing maintenance since back to the 1990's. The reason for this consideration, from our understanding, is that the Town Hall could be sold to the Hereford City Council and or including a possible 3rd party (CIC) which will be discussed further at the meeting on August 6th 2021. A community interest company (CIC) is a special form of non-charitable limited company, which exists primarily to benefit a community or with a view to pursuing a social purpose, rather than to make a profit for shareholders. Therefore, access to finance – whether through provide donors, grants or community development finance – may lead a social enterprise to operate as a CIC rather than as a standard company. These funding options such as grants etc are available to CIC's but this source of funding would not be available to a Council. Councillor Gemma Davies, cabinet member for commissioning, procurement and assets, said that in setting this year’s budget, it was vital £11.2 million in savings was identified, including new approaches to managing council assets. she said. Hereford Town Hall was built in 1904 and is a Grade II Listed building. In order to bring the Hereford Town Hall and other historical buildings across the county up to standard would most likely result in a increase in Council Tax, so the real question here is; 'Would you prefer in increase in your Council Tax or for Herefordshire Council to consider these other options'?