Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To provide details of the matched funding request received by the Council during the second quarter of the 2019/20 financial year.
A matched funding bid has been received from Portchester Bowling Club towards the cost of extending their Clubhouse in Westlands Grove, Portchester.
It is anticipated that the proposed changes will increase capacity and improve disability access for Club Members and visitors.
The total cost of the project is £135,000, of which Portchester Bowling Club has allocated £20,000 from their reserves and an additional £50,000 from the financial contributions to the project by Club Members. The Club is in the process of applying to Bowls England for an interest-free loan and have also applied to Hampshire County Council’s Community Building Fund for a contribution. Hampshire County Council has indicated that they will be prepared to award an allocation of £20,000 towards the project.
As of July 2019, the Club’s accounts listed £44,930 in financial assets.
Portchester Bowling Club has requested £20,000 from Fareham Borough Council towards the project to extend their Clubhouse.
This grant award is critical to the delivery of the project and is also needed to secure the other source of grant funding.
RESOLVED that the Executive:
(a) considered offering a matched funding grant of up to £20,000 to Portchester Bowling Club, to extend their Clubhouse at Westlands Grove, Portchester;
(b) agrees the award specifically for the plans and costs provided as part of this funding application; and
(c) agrees the award of the funding subject to Portchester Bowling Club providing written acknowledgement of both a successful application to the Hampshire County Council Community Building Fund for £20,000 to match Fareham Borough Council’s contribution and Bowls England’s approval of an interest-free loan to the Club.
Report author: Claire Benfield
Publication date: 06/11/2019
Date of decision: 04/11/2019
Decided at meeting: 04/11/2019 - Executive
Effective from: 16/11/2019
Accompanying Documents: