Offer of Grant to Ward 7 from Ocean Winds Through the Council's Policy on Commercial Sponsorship
December 10, 2024 Formartine Area Committee (Committee) Awaiting outcome View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Formartine Area Committee decided to accept a grant offer of £20,000 from Ocean Winds UK Ltd. This decision was made on 10/12/2024. Officers were instructed to enter into a commercial sponsorship grant agreement and to manage the funds in line with proposed criteria.
Full council record
Purpose
Ocean Winds UK Ltd, operator of Moray Offshore Windfarm (East) Ltd would like to invest a contribution of £100,000, £80,000 to Banff and Buchan and £20,000 to Ward 7 in the Formartine area in the form of a commercial sponsorship grant.
Decision
Item withdrawn
Related Meeting
Formartine Area Committee - Tuesday, 10th December, 2024 9.45 am on December 10, 2024
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 10 Dec 2024 |