Geelong mayor pitches property sell-off to slash city’s $190m debt

Geelong mayor pitches property sell-off to slash city's $190m debt

Source: ABC News

The new mayor of Geelong says selling off council-owned properties could help reduce the regional Victorian city council's $190 million debt.

The City of Greater Geelong should consider a mass sell-off of council-owned properties to reduce its $190 million debt, new mayor Stretch Kontelj says.
The city's recently completed $102 million civic headquarters could be one property to go under t… [4391 chars]

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