The Town Council has submitted its Business Case to Cornwall Council following the 3 September 2018 Meeting. The Council plans to take over the Library on 1 April 2019 under the authority of Section 101 of the LGA 1972. The Library will be funded on the assumption of raising its demand for the Precept to Cornwall Council in 2019/2020 by 20% rising to 30% in 2021; for the Library related activities. The Business case was accepted by Cornwall Council subject to Director’s approval. The Minutes of 3 September 2018 (TC 104) show more details. Both Councils are working towards this objective, but no legally binding agreement has been entered into by either Council at this stage.