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Cobtree Trust - Dealing With Future Surpluses

Meeting: 11/01/2012 - Cobtree Manor Estate Charity Committee (Item 47)

47 Dealing With Future Surpluses pdf icon PDF 29 KB

Decision:

That the annual surplus be invested with Charifund until the final options for funding the Master Plan are confirmed.

 

Minutes:

DECISION MADE

 

That the annual surplus be invested with Charifund until the final options for funding the Master Plan are confirmed.

 

To view full details of this decision, please follow this link:-

 

http://meetings.maidstone.gov.uk/ieDecisionDetails.aspx?ID=536

 

Arising from the discussion on this report, the Parks and Leisure Manager advised the Committee that the bid submitted to the Heritage Lottery Fund Parks for People scheme for funding of £500,000 towards the cost of implementing the proposed enhancements and improvements to the Cobtree Manor Park set out in the revised Master Plan had been refused.  A report reviewing the options for funding and implementing the works would be submitted to the next meeting of the Committee.