The Mallaig Ag Society applied for a grant for funding to replace their playground. They received verbal confirmation that their grant was approved and they will received their funding, however the application is on the Minister's desk waiting for signing. In order to maintain the pricing they negotiated, which includes a $20,000 off the cost of the playground structure, the playground had to be ordered by the end of 2014 - which they did and now it must be installed before the end of 2015. The playground is scheduled for installation on June 15th, however they still do not have their grant money. If they do not have the playground installed as scheduled, they have been informed that they will be bumped to the end of the season and then it will be installed if time allows. If it doesn't, the playground will be installed in 2016, but they will have to pay the additional $20,000.
The Ag Society is requesting that Council consider lending them $83,000 if their grant does not come through so they don't have to pay the extra $20,000, and then setting up a payment plan for the Ag Society to pay it back.