In response to my question at last full council the Mayor implied the Tall Ships Event was expected to run a surplus and the funds generated might be used to support Council services in the years after the race. Figures of upwards of £50,000,000 have been mentioned as the potential income for the town.
I have already submitted questions for the next Council meeting in October on the Tall Ships finances. I will be asking the Mayor to share with Hartlepool Council the main sources he has identified for this income and the approximate amounts that each source will contribute to the £50,000,000 figure being quoted.
Unfortunately the exact wording of the question was not acceptable to the Chief Solicitor so I've had to re-word and re-submit the Question, more news will be posted as it becomes available.