Councillors will meet today to discuss ending their subsidy to Sandwell Arts Trust to help pay for The Public arts centre.
It is expected the building will be handed back to Sandwell Council at the end of November.
The Council will then look for other businesses and organisations to it over.
We are very disappointed that financial circumstances have resulted in the council making this decision.**
I thank all our employees for their hard work and dedication over the last few years, and all our visitors and tenants for their support.**
More top news
The British manufacturing giant - which is worth £13bn - is to make voluntary payments to settle cases across the world.
Sean Williams died after being struck by a car after he ran across two lanes of traffic while the lights were on green.
The accident happened on the A46 in Drayton, near to Wildmoor Spa, at around 12.30pm.