Our Council has already stumped up £20,000, for which they deserve real credit, and can also help by covering the VAT for the works.
The key to Masbro's success will be the Mayor’s London Facility Fund. If this bid is successful they would be only an agonising £45,000 short of their target. It is a two stage process with decision on the first stage by Friday 13th January. If they are successful they then submit a second stage application by the 2nd March and a decision in early June. The works would start late August/ early September with a new roof in place before the end of the year.
In these difficult times, they tell me, they are not looking to make a general appeal but target people who may have used the Centre in the past and are now in a position to donate something back to the Centre.
They would even be interested in a low cost or interest free loan that could be paid back over 5 or 10 years. Another possibility could be the new forms of raising capital monies that the government are considering.
Capital expenditure is good for business and help stimulate growth in the local economy in these austerity times.
The Urban Partnership Group has a lease on the Masbro Centre until 2031. A new sports pitch roof will secure this facility for the next 20 years.
Andy Sharpe Chief Executive of Urban Partnership Group, speaking yesterday, said this:
"The Masbro is one of the most popular Centres in the Borough with a footfall in excess of 2000 people a week. We are confident that through a range of funding bids, donations and low cost loans we will have a new sports pitch roof for Masbro by the end of 2012. The people of Hammersmith and Fulham have a great tradition of giving and take pride in their community and public assets. I am sure our appeal and fundraising efforts will be a huge success."The Masbro has already proved its worth to our community many times over - if you can help, please do. Either contact them by telephone on 020 7605 0800 or their website is here