§ Mr. Dunn
It is impossible to give detailed costings at this stage. The capital costs of establishing a city technology college will depend on various factors such as local property prices, the extent of any gifts or loans of furniture and equipment, and the size of the school. However, as a guide the Department has estimated that on average the total capital cost of a city technology college in converted premises would be between £3 million and £6 million, and that on average the total capital cost of a city technology college in new premises would be between £7 million and £10 million.
§ Mr. Dunn
My right hon. Friend intends that all or a substantial part of the capital costs for the establishment of a city technology college will be met from private sources such as industry and commerce or educational charities. Some assistance towards capital costs may be available from the Department. It is open to local education authorities to assist promoters by releasing surplus buildings for this purpose. The exact mix of funding will depend on the local circumstances of each individual CTC.