Interest Free Loans for Sporting Bodies and Community Organisations
Burdekin Shire Council has a policy of providing revenue financial assistance (interest free loans) to not-for-profit sporting, cultural or community organisations that hold lease agreements with the Council for occupation of Council owned or controlled land.
The Council reserves the right to exercise its discretion in considering and approving applications from incorporated and not-for-profit organisations that do not hold lease agreements with Council.
Applications can be for projects that create permanent improvements or items considered to be fixed to a structure erected on Council owned or controlled land. This includes structural improvements of a fixed nature.
Applications can be for projects to purchase large items of specialised plant to a value greater than $5,000, such as tractor mowers and the like, to be used for the purpose of enhancing the activity of the sporting/cultural/community organisation.
The policy excludes loans for maintenance, minor repairs and moveable items (excluding items of specialised plant to a value greater than $5,000).
All monetary assistance must be repaid to the Council over an agreed period of time.
All applicants are required to demonstrate that they have made application for funding for the project to other funding sources to the satisfaction of Council.
There is no guarantee that all applications will be approved, either in total or in part. All applications for interest free loans will be assessed by merit against the eligibility criteria in an equitable and transparent process.
For further information refer to Council’s Revenue Assistance (Interest Free Loans) Policy on Council's Policies web page or contact Customer Service.