Decision details

Members gave consideration to a report which provided information on proposals in relation to the ongoing management of 12 Charitable Trusts, Bequests and Trust Funds that the Bute and Cowal Area Committee are Trustees for.

Decision

The Bute and Cowal Area Committee;

1.    agreed that the Charities and Trust Funds are awarded on the basis outlined in paragraph 8.1 of the report;

2.    agreed the distribution of the Charities and Trust Funds outlined within Appendix 1 of the report subject to clarification from Officers of the history of the Piano Fund Dunoon;

3.    agreed that a moratorium be placed on funds being distributed from the Bute Education Trust; and

4.    noted that a distribution proposal for the Lamont Bequest would be brought to a future meeting of the Area Committee.

(Reference: Report by Executive Director with responsibility for Legal & Regulatory Support dated 27 July 2020, submitted)