Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To provide details of matched funding requests received by the Council during the second quarter of the 2017/18 financial year.
During the second quarter of 2017/18, the Council has received one matched funding request:
A matched funding bid has been received from Locks Heath Free Church towards the cost of extending and refurbishing its community facilities. It is anticipated that these works will, in addition to improving the existing areas, increase the variety of rooms available for hire by the local community.
The total cost of the project is £4.66 million, of which Locks Heath Free Church has identified £4,412,600 in donations, pledges, grants and a mortgage. They anticipate raising a further £248,000 in future donations.
Locks Heath Free Church has requested £40,000 towards their project to extend and refurbish their community facilities.
RESOLVED that the Executive:
(a) considers offering a matched funding grant of £40,000 to Locks Heath Free Church, in order to extend and refurbish the community facilities at their premises on Hunts Pond Road; and
(b) agrees the award of funding, subject to agreeing satisfactory terms for community use to ensure that the facilities are made available for use by the community.
Publication date: 06/09/2017
Date of decision: 04/09/2017
Decided at meeting: 04/09/2017 - Executive
Effective from: 16/09/2017
Accompanying Documents: