Decision details

Match Funding Grant Panel Report Round 3

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To inform Members of the recommendations that had been made by the Grant Panel for Funding Round 3 that was held on Friday, 22 October 2010.  The report summarised the funding decisions that had been made and made recommendations to Cabinet on the allocation on Match Funding.

Decision:

1.            That the following Match Funding applications be approved:

 

a)           Swanton Morley Cricket Club for the sum of £19,000, subject to:

 

i)              a maximum of £19,000 or 20%, whichever is the lower from the Capital Match Funding Reserve;

ii)            the balance of all other funding being confirmed.

 

b)           West Norfolk Transport for the sum of £4,925, subject to

 

i)              a maximum of £4,925 or 3.5% whichever is the lower from the Revenue Match Funding Reserve;

ii)            confirmation of the total cost of the project; and

iii)          the balance of all other funding being confirmed.

 

2.            That the Match Funding application for Diss Rugby Club be deferred, subject to:

 

i)              a review by the Audit Committee to look at the number of residents from the Breckland area benefiting from these projects;

ii)            confirmation of financial commitments from other sources; and

iii)          the protocol being reviewed in terms of cross local authority boundary funding to ensure that Breckland Council is getting value for money.

Reasons for the decision:

See report.

Alternative options considered:

1)          To approve individual Match Funding applications for the full amount requested

2)          To award individual Match Funding applications a lesser amount

3)          To reject individual Match Funding applications

Report author: Catherine Lang

Publication date: 02/12/2010

Date of decision: 30/11/2010

Decided at meeting: 30/11/2010 - Cabinet

Effective from: 10/12/2010

Accompanying Documents: