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:
Rearranged FC Isle of Man vs Prestwich Heys tie cancelled
Island at 'forefront' of British Isles blue carbon research
Five comments and objections received over Ramsey flood defence scheme plans
Water main upgrades planned in Foxdale from next week