THAT:

(a)        a contribution of £22.5k be made towards the cost of making a stage two bid, as part of a wider fundraising initative and subject to the stage 1 bid being shortlisted;

(b)        agreement be given in principle to the council acting as guarantor for the bid subject to a satisfactory business case being developed; and

(c)        subject to the above, the council provide further advice and support from within existing resources as an enabler to delivery of the project.