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The
Leisure Manager introduced his joint report with the Senior Finance
Manager (Client) concerning potential future capital investment at
the Cobtree Manor Estate. The report summarised the immediate
capital concerns relating to assets at the Estate and included an
updated cashflow projection to assist the Committee in its decision
making. Reference was also made to
discussions which had taken place with representatives of the
Cobtree Charity Trust Limited regarding the possibility of
relocating the carriages currently housed in the Carriage Museum to
the Cobtree Manor Estate.
The
Committee identified its capital investment priorities and gave
instructions to the Officers as to the way to proceed, including
the development of a capital funding plan for investment in the
Estate.