Decision - Saltdean Lido CIC - request for loan

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Decision details

Saltdean Lido CIC - request for loan

Decision Maker: Policy, Resources & Growth Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

A report to request approval of a loan to Saltdean Lido CIC to complete a revised bid to the Heritage Lottery Fund for grant funding to restore the main Saltdean Lido building.

Decision:

1)           That the Committee notes the progress made by SLCIC including the restoration of the pools which reopened for public use during the summer.

 

2)           That the Committee approves the granting of a loan of £0.22 million to SLCIC to enable a revised Stage 2 lottery bid for £4.2 million to be considered by the Heritage Lottery Fund.

 

3)           That the Committee delegates authority to the Executive Director Economy Environment & Culture to agree the terms of the loan with the CIC and take all necessary steps to progress these recommendations.

Report author: Ian Shurrock

Publication date: 01/12/2017

Date of decision: 30/11/2017

Decided at meeting: 30/11/2017 - Policy, Resources & Growth Committee

Accompanying Documents:

 


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