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The
Area Committee has given approval to:
 
a)   
formally adopt the Financial Accounts of the
Brookfield Park Shiers Family Trust for year ending 31 March
2023;
 
b)   
that a budget of £10,000 of funding to be made
available for distribution from the Trust during
2023/34;
 
c)   
continue to operate the current investment policies,
namely, to maintain the value of the Trust in real terms before
considering any distribution and to reinvest the dividends received
in relation to the Investment Fund back into that Investment
Fund;
 
d)   
continue to receive updates at Area Committee
meetings from the Democratic Services Officer on the progression
and/ or success of projects which have received a grant from the
Brookfield Park Shiers Family Trust;
 
e)   
the proposed dates and times of Brookfield Park
Shiers Family Trust Sub Committee meetings to be held during the
period until the next annual council meeting as per the report;
and
 
f)    
the proposal to add the Deputy Section 151 Officer, Jonathan Davies,
as Trustee to the Fund for administrative purposes to the Charity
Commission website.