Issue - decisions

Milton Country Park Financial Support

26/05/2020 - MILTON COUNTRY PARK AND FINANCIAL IMPACT OF COVID-19 (Cabinet - 6 May 2020)

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.