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Council loses out in parking auction
12:00pm Wednesday 7th May 2014 in Echo News
TOWN councillors have missed out on buying four parking spaces on Canvey after being outbid at auction.
Canvey town council wanted to spend £8,000 on four parking spaces outside its offices in High Street.
The town council has been renting out the parking spaces for £800 a year, but wanted to take ownership of the spaces. However, the town council lost out to a mystery buyer who spent a whopping £16,500 on the spaces during the auction.
Ray Howard, the Conservative representative for Canvey Island West, said: “I take the view that the parking spaces are in a very strategic location, but we agreed we would only go up to £8,000.”
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