Paglesham Village Trust Waterside Fund

 

At the PVT open meeting on 26th March, it was agreed that PVT should raise funds by donation to purchase a piece of waterside land with oyster pits and jetty, as a recreation and conservation area for the village. We are now inviting donations towards a minumum target of £12,000 for this project.

 

If you would like to donate using Gift Aid, please fill in the separate Gift Aid form. Donations can also be paid direct to PVT and sent to the Treasurer, David Whittingham, Cobblers Row, Paglesham (but please note that direct payments to PVT cannot attract gift aid).

 

If you would like more information, please call 0777 377 1715 or email richard.bessey@btinternet.com.

 

Thank you

 

Objectives of the Fund

 

·          PVT seeks to hold the freehold of the land on behalf of Paglesham village.

·          PVT seek to arrange management of the land for the benefit of the Paglesham community.

·          Current uses of the land including mooring and winter storage of boats, events organised by village organisations, and managed use of the existing jetty, should be preserved and encouraged.

·          Conservation of the saltings and existing structures on the land should be part of its management.

·          Use of the land should comply with local authority and harbour regulations (e.g. planning).

·          The Fund should raise sufficient moneys to purchase the land including legal costs, and to cover initial establishment of management of the land.

 

Conduct of the Fund

.

1.        The PVT Treasurer will set aside a dedicated fund for this purpose. Moneys from this fund shall not be used for purposes other than directly related to the stated objectives of the Fund.

2.        Each contribution will be recorded and a recept given to the donor. Contributions and donors will not be published without the donor’s permission (except for audit purposes).

3.        In the event that the Fund fails to purchase the land by 30th September 2008, the whole of the Fund less any expenses already incurred will be returned to the donors in proportion to the contribution given by each.

4.        The total cost of professional expenses that the Fund will incur shall not exceed £1000.

5.        Any surplus moneys in the Fund when its objectives have been achieved (within the cost constraints above) shall be returned to the donors in proportion to the contribution given by each.

6.        Donors may choose that PVT retain their share of any returned moneys for general PVT funds.