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Public reports pack PDF 6 MB - East Lindsey District Council

Public reports pack PDF 6 MB - East Lindsey District Council

Public reports pack PDF 6 MB - East Lindsey District Council

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APPENDIX AEAST LINDSEY DISTRICT COUNCIL EXECUTIVE BOARD19 APRIL 2011Briefing Note on SO Festival 2011 FundingAs required by Executive Board at its meeting in November 2010, and as requestedby <strong>Council</strong>lor Grist, Portfolio Holder for Culture, Leisure and Environment, thisbriefing note confirms the funding for SO Festival 2011.All major funders have now confirmed their strategic funding to ELDC and keypartners within the SO project. This means that the majority of external fundsanticipated in the report in November 2010 have been confirmed.As the funds are now confirmed, contracts are being issued to the Festival Directorand the PR / marketing company, as agreed by Executive Board in November 2010,for an initial period to December 2011, with the option for a further one yearextension.A more detailed project budget is being drawn up for approval by the SO ProjectBoard in April 2011. Discussions with potential sponsors are ongoing.ELDC funds External Funds Status TotalLCC £10KConfirmedG4A (ACE)£140K ConfirmedELDC £15K + inkind supportNorden Fund£10KDecision dueApril 2011Igniting Ambition£10K ConfirmedTotal £235Kof £265KSponsorship &advertising£20K targetUndernegotiationGames Time£60K (ACE) toELDCConfirmedFunds to other organisations participating in SO Festival 2011Games TimeFunds to Deda £280K Confirmed £280KFunds to XSiteBlank Canvasfringe £10K Confirmed £10KTotal Amount to support SO Festival 2011 £525K of £555KSemantha Neal and James Brindle(21/03/11)Page 11

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