Agenda and minutes

Consider application for funding from Peebles CAN.  (Copy application attached.)

There had been circulated copies of a request for funding in the sum of £4,540 from Peebles CAN (Community Action Network).  The funding was required to facilitate Peebles CAN changing from a company Limited by Guarantee to a SCIO.  The Chairman advised that Community Councillor Hayworth had communicated his reservations given the financial situation of the applicant.  It was also noted that Community Grant funding had been given to cover operating costs for the next year.  Members noted that a detailed breakdown of how the monies would be spent had not been provided nor a copy of their accounts for the 2017/18 financial year, which was a requirement of the application.  Members agreed that they could not properly consider the application until this information had been supplied.

DECISION

AGREED that consideration of the application be deferred until the next meeting on 28 November 2018 to allow the required information to be provided.