Douglas council's asked permission to borrow £400,000 as it continues regenerating the Island's capital.
The local authority has petitioned the Department of Infrastructure over the cash, which will be spent on improvements around Market Hill and North Quay.
In particular, the council wants to upgrade street lights and install CCTV as part of the town centre regeneration project.
Anybody who wants to comment on the borrowing has until August 13 to write to the DOI.
New TT schedule sees racing expected to start tomorrow
Tomorrow's TT schedule includes the Superbike race at 1.30pm, in what will now be the first day of racing.
First day of racing called off
TT organisers have announced the first day of racing has been called off.
Further delay to first day of racing
The clerk of the TT course has announced another one hour delay to today’s Superstock race.
Company behind major redevelopment plans applies to dissolve
The company which first mooted plans for a huge city centre redevelopment in Douglas has applied for dissolution.
Roads starting to close as clouds delay racing
TT organisers say today's superstock race has been pushed back by an hour to 12pm, because of low cloud.
Local authority to investigate asbestos claims
Commissioners in Garff have asked the clerk to look into allegation asbestos is leaking into waterways in Laxey.
Aussie who rode over 28k miles is organising TT meetups
Fancy attending an Aussie TT meetup?
Grandstand to close for major event this weekend
The Department of Infrastructure says one of the biggest public events of the TT festival will see part of the main road past the grandstand closed for two hours.
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