$12.5 million of funding for a new Bathurst circuit has been withdrawn.
The Bathurst Regional Council announced this evening that two grants totalling $12.5 million have been withdrawn by the federal government.
“Unfortunately, we were advised [that repurposing the funds] didn’t align with the intent of the original grant funding,” said Bathurst mayor Robert Taylor. There was the now-withdrawn $12.5 million of federal funding, as well as a total of $15 million of state government funding – $5 million of which has already been spent on the design and documentation for the development application.
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