§ Mr. Robert BanksTo ask the Secretary of State for the Environment what was the sum of money paid to the Ryedale district council when its stock of council houses was transferred to the housing association concerned, the consequent reduction in debt and the amount which was available for capital projects.
§ Mr. BaldryRyedale district council transferred its housing stock to Ryedale Housing Association in February 1991 for the sume of £28.3 million. Following transfer, the council was able to repay all its external loan debt of £18 million, leaving some £10 million available for capital projects.