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.
MP reveals more details of Whitehaven ferry proposals
An MP who wants to set up a ferry route from Cumbria to the Island has revealed more details about what's proposed.
Council wishes Bee Gee happy 80th birthday
Douglas Council's wished one of the Island's biggest stars a very happy birthday!
Warning over traffic delays as city centre work gets underway
A busy street in Douglas city centre will have temporary lights this week.
Cruise ship makes fifth visit of year
A cruise ship is making her fifth visit of the season to the Isle of Man today.
Bee Gee's birthday marked by family and fans
Barry Gibb's family and Bee Gees fans are on the island today to mark the star's 80th birthday.
Joanne smashes international cricket records
A woman from the Island has broken a cricketing record that had stood for almost a century.
Mountain Road shuts this morning
The Mountain Road is due to shut later this morning, as the Department of Infrastructure carries out work.
Coastguards and firefighters rescue boy from cliff
Coastguards and fire crews teamed up to save a boy who was hanging over a 36-foot cliff today.
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