Council receives TIC cash share: ‘Matter closed’

PUBLISHED: 09:30 08 October 2012

Exmouth Town Hall.

Exmouth Town Hall.

Archant

Exmouth Town Council has received £726.47 from the liquidation of the old Exmouth Tourist Information Centre (TIC).

The money is what the council will get back from the £5,000 it erroneously paid to the old TIC in 2010.

When the old TIC was placed into liquidation earlier this year, the town council became one of a number of creditors, alongside whom its claim for £5,000 was assessed.

The figure of £726.47 is what the council will receive from the old TIC’s remaining assets.

An independent investigation earlier this year concluded that the £5,000 payment was made due to a flaw in the council’s procedures, which have now been updated.

Exmouth mayor John Humphreys said: “The council considers the matter closed and has no further comment to make.”

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