Derry City Deal unlikely to be signed until 2023, Conor Murphy indicates
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He said a 'significant amount of work' needs to be done between agreeing heads of terms and actually signing a City Deal document.
Mr. Murphy was asked for an update on the City Deal by Sinéad McLaughlin, a candidate for the SDLP in the forthcoming Assembly elections in Foyle.
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Hide AdHe replied: "Derry City and Strabane District Council City Deal is working through the process in order to reach Deal signing.
"City Deals are long term capital investment programmes and there is a significant amount of work to be done in developing business cases between Heads of Terms and agreeing a Deal document.
"Ongoing engagement continues between the council, delivery partners and the relevant departments. The council is hoping to be in a position to sign the Deal in spring next year."
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