Onchan Commissioners have applied to borrow more than £267,000 to refurbish a youth and community centre.
The local authority has asked permission from the Department of Infrastructure to take out the loan, which would be repaid over 10 years.
The centre is currently undergoing work, which is expected to take until January next year to complete.
The Department of Infrastructure says it'll make a decision on the borrowings next week.
How many 18 to 21 year olds have been out of work?
How many 18 to 21 year olds were out of a job or education over the past three years?
Chance to have your say about planned sewage works
There's a chance to air your views about Laxey and Lonan's proposed new sewage works next week.
Around 91 new urban homes being created within a year, says minister
Around 91 new homes are being created in urban areas in a year, according to the Cabinet Office minister.
Sex offender anonymity laws to come under spotlight in Tynwald next week
Laws giving alleged sex offenders anonymity will be under the spotlight in Tynwald next week.
Number of clinical negligence claims faced by Manx Care disclosed
Health Minister Claire Christian says Manx Care has faced 25 clinical negligence claims since it was set up five years ago.
How much does failed TT merch company still owe government?
How much does a TT merchandise company still owe the government after it collapsed?
Talk next week asks how stargazing could bring business to Manx farms
Could the Island's clear skies and low light pollution bring more business to farms?
'Wardrobe Refresh' used clothes sale tomorrow will aid charity
Fancy updating your wardrobe and helping out a good cause?
