The landmark was offered to council by the Department of Infrastructure
An iconic landmark in Douglas will not be taken over by its local authority.
The Department of Infrastructure offered the Swing-Bridge Tower on South Quay to Douglas council for a nominal fee.
Members decided against the move after concerns were raised about the amount it would cost to redevelop the tower.
Council Leader David Christian says they couldn't justify the costs to the ratepayers:
Castletown Commissioners wants to see financial charges for FoI requests
Leader of council says 'immense gratitude' owed to Douglas North MHK
'It's hard to take anything away from pensioners because they vote'