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© Bishop’s Stortford Town Council Funding Options: Sworders Field Masterplan Appendix 3b.

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Presentation on theme: "© Bishop’s Stortford Town Council Funding Options: Sworders Field Masterplan Appendix 3b."— Presentation transcript:

1 © Bishop’s Stortford Town Council Funding Options: Sworders Field Masterplan Appendix 3b

2 © Bishop’s Stortford Town Council Parks For People Funds available, likely bid Funds available, likely bid £100,000 to £5 million £100,000 to £5 million Bid for entire project (approx. £1.5-£2 million) – best fit to criteria Bid for entire project (approx. £1.5-£2 million) – best fit to criteria Process Process Development Phase: Development Phase: Outline proposals of entire project including activities, capital work, project outcomes, project management and sustainability post project. Outline proposals of entire project including activities, capital work, project outcomes, project management and sustainability post project. Outline of delivery phase costs (construction). Outline of delivery phase costs (construction). Detailed development phase costs (architect and design fees, etc.). Detailed development phase costs (architect and design fees, etc.). Delivery Phase: Delivery Phase: Detailed proposals of entire project. Detailed proposals of entire project. Detailed delivery phase costs (construction). Detailed delivery phase costs (construction). 10% contribution required from requestor 10% contribution required from requestor Recommendation to Council required Recommendation to Council required Timeline: Timeline: First-round application 28 February 2014 (alternative) First-round application 28 February 2014 (alternative) First-round decision June 2014 (alternative) First-round decision June 2014 (alternative) If successful, Second-round application by 28 February 2015 (alternative) If successful, Second-round application by 28 February 2015 (alternative) Second-Round Decision received June 2015 (alternative) Second-Round Decision received June 2015 (alternative)

3 Landfill Communities Fund (Viridor Credits) Funds available, likely bid Funds available, likely bid No limits in principal but £150K seems to be max No limits in principal but £150K seems to be max BMX track (£50k) and/or Skate Park (£120k - £150k) – best fit to criteria BMX track (£50k) and/or Skate Park (£120k - £150k) – best fit to criteria Process: Process: Single stage application (advance advice available) Single stage application (advance advice available) 10% third party contribution required (Brazier?) 10% third party contribution required (Brazier?) Probable Timeline Probable Timeline Submit by 31 st January, decision 21 st March Submit by 31 st January, decision 21 st March Submit by 30 th May, decision 27 th June Submit by 30 th May, decision 27 th June Submit by 06 th August, decision 12 th September Submit by 06 th August, decision 12 th September Submit by 20 th November, decision 10 th December Submit by 20 th November, decision 10 th December © Bishop’s Stortford Town Council

4 Alternative funding Biffa Biffa Alternative to Viridor Alternative to Viridor Also a Landfill Communities Tax charity Also a Landfill Communities Tax charity Significantly smaller sum. Significantly smaller sum. Sworders Field falls just within 10 mile distance (~9.50). Sworders Field falls just within 10 mile distance (~9.50). Sport England Sport England might provide £10k of the BMX track as long as this remained under £50k might provide £10k of the BMX track as long as this remained under £50k Eligibility unclear, only after failure of other methods Eligibility unclear, only after failure of other methods Others Others No other sources yet identified for substantial sums (50K+) No other sources yet identified for substantial sums (50K+) © Bishop’s Stortford Town Council


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