Council gets ferry guarantee

The Fast Ferry is set to go ahead according to Gosford Council, with the council having received a bank guarantee of $100,000 from Fast Ships Ltd.

The Council, at its meeting of July 25, resolved to execute a development deed of agreement, a lease and a sub-lease.

General manager Mr Peter Wilson said that $32,000 for legal costs had also been received by Fast Ships.

Press release, July 25 Tina Davies, Gosford Council