The Scottish Arts Council described the centre as a "world-class facility"
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Councillors in Aberdeen have voted to give a new arts centre £3m in funding.
The Scottish Arts Council had already committed funds for the £13m Peacock Arts venture in Union Terrace Gardens.
BBC Scotland had revealed that Aberdeen Council accountants had described it as a "financial risk" at the current time, amid efforts to make savings of £50m.
But councillors voted to approve the funding, a decision welcomed by Peacock Arts but criticised by a disabled project facing council funding cuts.
The Scottish Arts Council described the contemporary arts centre as a "world-class facility".
It could attract about 200,000 visitors a year and bring an estimated £5m annually into the local economy.
The committee agreed that the £3m grant would be capped at that level.
Members also agreed that no bridging finance would be awarded and that the city council would not underwrite the £4.5m that Peacock needs to raise for the scheme by their own fundraising efforts.
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