Issue - meetings

Payments from Chuter Ede Fund

Meeting: 17/09/2024 - Strategy and Resources Committee (Item 22)

22 Payments from Chuter Ede Fund pdf icon PDF 222 KB

To allow payments to be made to residents who have applied for support funding, in accordance with the legacy from Chute Ede trusts.

 

Decision:

Following consideration, the Committee unanimously resolved to:

(1)       Nominate and Authorise the (Acting) Director Corporate Services, in consultation with the Chair of this Committee, to decide upon and make payments to applicants in this and subsequent years.

Minutes:

The Committee received a report requesting it to allow payments to be made to residents who have applied for support funding, in accordance with the legacy from Chute Ede trusts.

The following matters were considered:

a)             Update to report. The Interim Director of Corporate Services informed the Committee that there had now been 5 applications to the Fund in the current year.

b)             Criteria for allocation of funds – terms. In response to a question from a member, the Interim Director of Corporate Services informed the Committee that the criteria for allocation of funding were set by the terms of the Trust Fund. These were to benefit people who are leaving the Borough to attend University. The Director informed the Committee that he had written to the 4 state senior schools in the Borough to request that they share the details of the Fund with their pupils going on to University.

c)             Allocation of funds – university year. In response to a question from a member the Interim Director of Corporate Services informed the Committee that the nature of the Trust had been interpreted as being to help people during the transition to University and was therefore only available to first year students.

Following consideration, the Committee unanimously resolved to:

(1)       Nominate and Authorise the (Acting) Director Corporate Services, in consultation with the Chair of this Committee, to decide upon and make payments to applicants in this and subsequent years.