Issue - decisions

Castle Park Improvement Project –match funding contribution via optioned sale of final community centre

06/09/2023 - Castle Park Improvement Project –match funding contribution via optioned sale of final community centre

That (A) the sale of St Michael’s Mead community centre pending trigger by BSTC as defined by the Options Agreement be agreed;

 

(B)  £125,000 of the capital receipt from the sale of St Michael’s Mead community centre contributes to the funding gap for the Castle Park project; and

 

(C) the option sum of £15,000 and £30,000 (deduction in liabilities) is deducted from the sale of this last remaining centre at time of purchase