Purpose

To accept the grant of £1,500,817 from
ACE MEND Fund for the urgent repair of the Russell-Cotes

Content

RECOMMENDED that Cabinet:
-

(a)          
recommends Council to accept the £1,500,817
from Arts Council England MEND Round 4 and
delegates authority to the Director of Customer & Property to
complete the formal acceptance process on behalf of the
Council

(b)         
notes the match funding of £250,000 from CIL
and £109,317 from restricted legacies; and

(c)         
approves their investment in the project outcomes of
urgent repairs and renewals outlined in the application to
ACE
Voting:
Unanimous
Portfolio Holder:
Customer, Communications and Culture
Reason

Financial Regulations require the acceptance of external funding
and approval of any project over £1million by full
Council.

ACE require Cabinet approval before payment can be made.
The grant will be
spent on urgent remedial maintenance of the Russell-Cotes Art
Gallery and Museum (of which BCP Council is sole trustee) to ensure
it can remain open and survive.