11 CHARITABLE TRUSTS, BEQUESTS AND TRUST FUNDS PDF 303 KB
Report by Executive Director with responsibility for Legal and Regulatory Support
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Additional documents:
Minutes:
Members gave consideration to a report which provided information on proposals in relation to the ongoing management of some of the Charitable Trusts, Bequests and Trust Funds that the Oban, Lorn and the Isles Area Committee are Trustees for.
Decision
The Oban, Lorn and the Isles Area Committee;
1. agreed that the Charities and Trust Funds are awarded on the basis outlined in paragraph 7.1 of the report;
2. agreed the distribution of the Charities and Trust Funds outlined within Appendix 1 of the report;
3. expressed their hope that funds allocated to Live Argyll via the McCaig Trust would be used for appropriate literacy based projects; and
4. noted that a distribution proposal for the remaining Bequests and Trust Funds with no
defined distribution would brought to a future meeting of the Area Committee.
(Reference: Report by Executive Director with responsibility for Legal and Regulatory Support dated 1 September 2020, submitted)
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