Decision Maker: Formartine Area Committee

Outcome: Approve

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 21, 2025

Purpose:

Content: The Committee   (1)  Acknowledged the use by the Chief Executive of Special Urgency Delegated Powers, as fully provided for in Appendix 1 of the report, to accept the grant offer from Ocean Winds UK Ltd of £20,000, in line with the Council’s Policy on Commercial Sponsorship,   (2)  Agreed to delegate to the Formartine Area Manager, in consultation with the Chair, Vice Chair and Local Ward 7 Members: i.     The decision on the final Ocean Winds Funding Criteria devised specifically for this fund, the draft being detailed in Appendix 2 of the report, noting that the funds of £20,000 will be managed by the Area Manager’s Team in the same way as the Area Committee Budget in line with the criteria to be agreed, and ii.   The allocation of the funds as applications are received, with an annual feedback report to the Committee, and informal updates as required, and   (3)  Agreed to set up a ring-fenced budget in which to receive and hold these protected funds.