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Wellington City Council is being asked to guarantee a loan of almost $1 million to redevelop the Wellington Show Buildings to house the New Zealand drama and dance schools.
The schools want a $970,000 loan to help finance the $4.4 million redevelopment, which will include studios, performance and practice rooms, a performing arts library and workshops.
More than $3.4 million has already been raised by the schools. The loan guarantee was to be discussed at a special joint meeting of the council's community, culture and recreation committee and finance and corporate committee this afternoon.
Members of the public were excluded but The Post has obtained the committee paper, which recommends the council provide the guarantee...