Issue - meetings

Request to Cobtree Charity Trust

Meeting: 10/09/2020 - Cobtree Manor Estate Charity Committee (Item 117)

117 Request to Cobtree Charity Trust pdf icon PDF 70 KB

Minutes:

The Leisure Manager introduced his report raising the issue of the short-term financial management of the Cobtree Manor Estate at a time of uncertainty due to the COVID-19 pandemic and suggesting that approaches be made to the Cobtree Charity Trust Limited as the parent Trust and freeholder of the land and the Borough Council as Corporate Trustee of the Charity known as the Cobtree Manor Estate to discuss potential solutions and how they might assist.

 

It was noted that if the Cobtree operators continued to fail to make their payments, the Charity known as the Cobtree Manor Estate would be left with some difficult decisions and it would be prudent to review these pressures so that options and plans can be developed in good time.

 

During the discussion, Members agreed that talking to interested partners was the correct approach at this time.  The Leisure Manager undertook to look at the introduction of adult exercise equipment/facilities at the Cobtree Manor Estate subject to there being no adverse impact on its quiet character.

 

RESOLVED:

 

1.  That a letter be sent from the Chairman of the Cobtree Manor Estate Charity Committee to the Chairman of the Cobtree Charity Trust Limited raising the issue of the financial position of the Charity known as the Cobtree Manor Estate.

 

2.  That a letter be sent from the Chairman of the Cobtree Manor Estate Charity Committee to the Borough Council’s Director of Finance and Business Improvement raising the issue of the financial position of the Charity known as the Cobtree Manor Estate.