Community organisations to benefit from council support
11 Apr 2017
Northumberland County Council has agreed to provide loans to two organisations in Alnwick.
Alnwick Town Juniors Football Club is finalising a funding package for a new club house and the Town Council approached the County Council to ask for a loan of £190,000 towards new facilities for the club at Greensfield in the town.
North East Equality and Diversity (NEED) Ltd is looking to purchase the former Fire Station at South Road as a base for their operations.
The charity is a disability and community transport organisation which operates across the North East and Borders region. It provides accessible affordable transport to older people, those with a disability, those who suffer isolation, the young end those who can’t afford transport.
The council agreed two loans totalling £540,000 to allow the organisation to buy the site.
The footbal loan will fund a new clubhouse with changing rooms, toilets and a club room, adding to other elements of the project which include a floodlit all-weather pitch, new car parking and improvements to other pitches.
The total cost of the project is expected to be £960,000. The council is providing £450,000 through its capital programme and Football Foundation funding of £320,000 has been earmarked. The council’s loan would cover a £190,000 shortfall in project funding.
Alnwick Town Council will borrow the money from the council and enter into a loan agreement with the council. The loan would be paid back over 15 years through the town council’s precept - meaning no risk of repayment default to the council.
The NEED loan will be secured against the land and buildings purchased, similar to a standard mortgage arrangement.
Council chief executive Steven Mason said: “We are pleased to be able to support two local organisations which are carrying out very worthwhile work in helping both the young and the elderly in Alnwick and beyond.”