Speaker Meeting, 6.15 for 6.30pm
Mon 3rd July 2017 at 18.15 - 19.45
Speaker: Daniel Rose, Executive Director, The New Mechanics' Institution Preservation Trust Ltd

The M.I.Trust was established in 1995; Daniel became its chairman in 2003 and its Director in 2017.

After some 100 years of use the building fell into a state of disrepair and British Rail offered it for sale to Swindon Borough Council for £1. But the Council prevaricated and it was sold elsewhere for all of £50,000. That owner eventually sold it on, for £250,000, and that owner also sold it on; this time for £500,000! It was at this point that the Borough Council slapped an urgent works order on the building and that prompted the owner to disappear without trace. The building is now “held” by Crown Estates (not owned) although the Borough Council has a charge on the land.
Finally, in 2017, the Trust has come up with an ambitious £20 million pound plan to bring the building back to life with a concert hall, restaurant, and cafe. It has applied to the Heritage Lottery Fund for a grant of some £11 to £12 million and they would hope to raise the rest of the cost from small trusts and foundations and local businesses.
On thanking Daniel for coming to speak to them the Rotary Club offered their very best wishes to him and the Trust for every success with the venture.
Read more on The New Mechanics' Institution Preservation Trust website