Paperwork for next week’s Cabinet meeting reveals that up to £1,000,000 will be invested into the Ventnor Botanic Garden over the next five years.
The Isle of Wight council will be asked to approve investment of £200,000 at next week’s meeting as well as approve the disposal of the Ventnor Botanic Garden on a 125 year leasehold basis to Ventnor Botanic Garden Community Interest Company (VBG CIC).
The new VBG CIC, being headed up by John Curtis promises to invest circa. £800,000 over the coming five years.
Full details are available in the document embedded below for your convenience.