Purpose

 
 
 
To accept
£306,065 capital grant funding from the English Sports
Council, and to pass the whole capital grant to Sandford Lido
Limited to enable them to install Photo Voltaic panels and Pool
Covers and to sign the grant adherence agreement between the
English Sports Council, Sandford Lido Limited (as the facility
owner) and Cheltenham Borough Council (as applicant).

Content

RESOLVED
that: 
In respect of an offer of £306,065
capital grant funding from the English Sports Council:
 

1.   
the Director of Finance and Assets is authorised to
agree and sign a capital grant agreement with the English Sports
Council whereby a capital grant payment of £306,065 will be
paid to the Council.
 

2.   
the Director of Finance and Assets is authorised
to agree and sign a grant adherence agreement between the English
Sports Council, Sandford Lido Limited (as the facility owner) and
Cheltenham Borough Council (as applicant) to enable the whole
capital grant to be passed to Sandford Lido Limited to enable them
to install Photo
Voltaic panels and Pool Covers.
 

3.   
the Director of Finance and Assets is
authrised to agree and sign a grant
agreement between Sandford Lido Limited (as the facility owner) and
Cheltenham Borough Council (as applicant) in order to pass a number
of Sport England obligations onto the Lido.