Decision Maker: Cabinet, Council
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: No
This item will be discussed by Cabinet at its 6 May meeting and will be a full Council decision. The item relates to the provision of urgent support due to financial pressures as a result of the Covid-19 pandemic.
Council AGREED that
A) SCDC issues a conditional grant of £50,000 to Cambridge Sport Lakes Trust, ratifies the first instalment of £25,000 in May 2020 and agrees to the second £25,000 no earlier than September 2020.
B) The first instalment is subject to Head of Finance reviewing the Trust’s current financial position via bank statements.
C) The second instalment is subject to Head of Finance reviewing the Trust’s Management Accounts in addition to business efficiency measures, fundraising efforts and revised cashflow forecast.
Publication date: 26/05/2020
Date of decision: 21/05/2020
Decided at meeting: 21/05/2020 - Council