Decisions for issue Saltdean Lido CIC - request for loan

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.