BGPC To Consider Loan

The Multi-Use Games Area project has already received £40,000 of funding from the Parish Council, West Dorset District Council, the FMR Trust and from the National Lottery Awards for All Programme – a really great achievement. Some of these grants are time limited and in order to take full advantage of this funding, the project must start during the Summer months. There is currently a shortfall of £20,000 and the Parish Council has carefully considered a number of different funding options.

The Parish Council would like to apply for a loan from the Public Works Loan Board, a body which provides funding for capital projects to parish councils and other public organisations. The loan will be paid back over a period of twenty years and will not affect the level of the Precept. The MUGA project and loan application will be discussed at the Parish Council Meeting on Monday 14 May at Comrades Hall. Please do come along and share your thoughts or get in touch directly.