Appendix 5: 2024/25 Growing Places Fund (GPF) Programme: Proposed Drawdown and Repayment Schedule

*Figures provided below relate only to GPF investment and do not include other scheme contributions

	Funds Advanced		Repayments				Balances at end of Year
	Prior years (£)	24/25 (£)	Total (£)	Prior years (£)	24/25 (£)	Total (£)	Prior years (£)	24/25 (£)
North Queensway	1,500,000	-	1,500,000	1,500,000	-	1,500,000	-	-
Sovereign Harbour	4,600,000	-	4,600,000	1,025,000	1,424,000	2,449,000	3,575,000	2,151,000
Charleston Centenary	120,000	-	120,000	80,000	40,000	120,000	80,000	-
Eastbourne Fisherman's Quayside and Infrastructure Development	1,150,000	-	1,150,000	325,000	-	325,000	825,000	825,000
Observer Building Tranche 1	1,750,000	-	1,750,000	-	-	-	1,750,000	1,750,000
Observer Building Tranche 2	1,616,500	-	1,616,500	-	-	-	1,616,500	1,616,500
Priory Quarter Phase 3	7,000,000	-	7,000,000	7,000,000	-	7,000,000	-	-
Bexhill Business Mall	6,000,000	-	6,000,000	6,000,000	-	6,000,000	-	-
Total	23,736,500	-	23,736,500	15,930,000	1,464,000	17,394,00	7,846,500	6,342,500