Mayoral Development Fund gets go-ahead

THE Swakopmund Town Council approved the setting up of a Mayoral Development Fund at its June monthly meeting.

According to the meeting agenda the fund would enable the Mayor to source finances from the business community and other interested parties. Further motivation provided for the establishment of a fund was a recent donation of N$50 000 received from the Hollywood movie shot at Swakopmund, “Flight of the Phoenix”.”No fund exists where these funds and other similar funds could be kept,” Council stated in the agenda.It was further decided to establish a Mayoral Development Committee which would decide on contributions to be made from the fund to worthwhile causes.The committee will consist of the Mayor, Deputy Mayor, Treasurer and PRO.Council will make an annual contribution to the next financial year, while the Mayor will source additional funds.The Mayor will report back to Council on the fund regularly.Further motivation provided for the establishment of a fund was a recent donation of N$50 000 received from the Hollywood movie shot at Swakopmund, “Flight of the Phoenix”.”No fund exists where these funds and other similar funds could be kept,” Council stated in the agenda.It was further decided to establish a Mayoral Development Committee which would decide on contributions to be made from the fund to worthwhile causes.The committee will consist of the Mayor, Deputy Mayor, Treasurer and PRO.Council will make an annual contribution to the next financial year, while the Mayor will source additional funds.The Mayor will report back to Council on the fund regularly.