22 Greyhope Bay - Support for Project Development - CHI/17/202 PDF 94 KB
Decision:
(i) to approve the awarding of £20,000 each year for 2017-18 and 2018-19 to the Greyhope Bay Ltd to support the next phase of development work;
(ii) to instruct officers from Communities & Housing and Economic Development to continue to explore additional sources of funding to support project development costs and future capital works; and
(iii) to instruct the Head of Finance in conjunction with the Head of Legal and Democratic Services to prepare a grant agreement.
Minutes:
The Committee had before it a report by the Interim Director of Communities, Housing and Infrastructure which requested a financial contribution towards the revenue costs associated with the development of the Greyhope Bay initiative.
The report recommended:-
That the Committee -
(a) approve the awarding of £20,000 each year for 2017-18 and 2018-19 to the Greyhope Bay Trust to support the next phase of development work;
(b) instruct officers from Communities & Housing and Economic Development to continue to explore additional sources of funding to support project development costs and future capital works; and
(c) instruct the Head of Finance in conjunction with the Head of Legal and Democratic Services to prepare a grant agreement.
The Committee resolved:-
(i) to approve the awarding of £20,000 each year for 2017-18 and 2018-19 to Greyhope Bay Ltd to support the next phase of development work; and
(ii) otherwise agree recommendations (b) and (c).