Issue - meetings

(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.

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).