§ Mr. Michael Brown
asked the Secretary of State for the Environment what has been the total cost to public funds for the conversion of the Exchange Building in Cardiff for the proposed Welsh Assembly; what are the current running costs; and what he proposes to do with the building in the future.
§ Mr. Geoffrey Finsberg
The total cost to public funds of the scheme to convert 593W the Exchange Building in Cardiff is estimated at £521,000. This includes the cost of preparatory work, consultants' fees, rent paid to date and maintenance and service charges paid to date. Current annual running costs are about £54,000. The Property Services Agency is at present seeking to dispose of its interest in the building.