Culture and Sport Glasgow will take over the City Halls from April 2010
A rescue plan has been agreed to save Glasgow's biggest arts venues from potential cash difficulties.
Glasgow Cultural Enterprises, which runs the Royal Concert Hall, City Halls and Old Fruitmarket, asked the council for help over financial problems.
The authority has now agreed that its arm's-length body, Culture and Sport Glasgow, will take over the venues from April 2010.
The move is expected to generate savings of £858,000.
The council agreed the transfer after it emerged that the charitable trust, Glasgow Cultural Enterprises, was struggling to meet the £2m annual repairs and maintenance bill for its venues.
Bailie Jean McFadden, executive member for external governance, said: "It's clear that without the council's rescue plan the future of the Glasgow Royal Concert Hall, City Halls and the Old Fruitmarket would have been in serious jeopardy.
"Our proposal will save these venues for future generations, while the new artistic vision will allow them to become more of a natural home for music in the city and to serve all Glaswegians.
"These venues make a huge contribution to the cultural and educational life of the city, not to mention the huge tourism benefits they generate. Now that Glasgow is a Unesco City of Music it's more crucial than ever that we ensure that contribution continues."