Upload
nyasocialmedia
View
198
Download
2
Tags:
Embed Size (px)
DESCRIPTION
A presentation given at one of the National Youth Agency's regional events on the Governments new ten year youth strategy, "Aiming High for Young People".
Citation preview
Integrated Capital Strategies
Crowden Outdoor Education Centre: A Case Study
The Financial ProblemCosts
Rebuild Cost £980,000
Income
Settlement Proposal £740,000
The Interested Parties
• Rotherham Metropolitan Borough Council
• Youth Hostel Association
• Peak Park Planning Authority
• United Utilities PLC
The Deal• YHA gave up sub-lease on their hostel• Peak Park gave up lease to freeholder• Peak Park gave United Utilities planning
permission for social housing• United Utilities gave RMBC £100,000 from sale• YHA and RMBC signed management agreement
for sharing and running new building
The Financial SolutionCosts Rebuild Cost £980,000
Income Settlement £740,000Connexions £70,000Access Fund £50,000Sale of Furniture £20,000United Utilities £100,000Total £980,000
The Management Agreement
• YHA responsible for managing the building
• RMBC responsible for managing activity
• Profit/loss sharing agreement
• Legally binding three year management agreement