Airport windfall running out
PUBLISHED: 14:44 20 October 2008 | UPDATED: 22:29 15 June 2010
APPLICATIONS for funding from a windfall pot of money, raised through the sale of Exeter Airport, are no longer being encouraged.
APPLICATIONS for funding from a windfall pot of money, raised through the sale of Exeter Airport, are no longer being encouraged.Devon County Council has announced allocations of funding have come to an end.Projects and organisations have benefited to the tune of £48 million."The airport sale was excellent news for the county," said Councillor Brian Greenslade, the council's Leader."The proceeds have made a huge difference to thousands of people."But this money is now coming to an end and we need to consolidate and consider the last few applications before bringing the scheme to its natural conclusion."Mr Greenslade added: "This has been a success story for the people of Devon, who have supported Exeter airport through their council tax in the past, and it has been good to see so many people benefiting from the sale."The £48 million was divided into funds, all targeting areas of improvements.Teignmouth won £2.5 million for a new sports hall, but inland communities in East Devon received far less - Honiton received £50,000 towards the creation of a sports hub and Colyton was given £160,000 for an integrated youth provision.Around £927,000 will be allocated by local councillors.
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