Ian Campbell from AIMUp, the company who are developing the bike lift, says that £5.5 million is needed to fund the project:
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After a period of settled and fine weather - rain is waiting to move in.
ITV Border's Political Editor considers what happens next, now the Scottish Parliament has voted in favour of calls for a second referendum.
MSPs voted 69 to 59 to mandate the First Minister to seek permission from the UK Government for a ballot to be held.