Strontian Community School Building Ltd
£35,600 invested so far...
Strontian Community School Building Ltd (SCSBL) was established in 2016 to develop and manage community-owned assets for the benefit of the local community. Their first project is to oversee the primary school construction project which will provide a new school building designed on the footprint of four affordable housing units leaving a legacy for the community if the school is not needed in the medium term. They launched their share issue on 2 December 2016 and already over a third of the way towards their initial target of £100,000. The money will contribute toward the funding package of £854,358 enabling them to build the new community owned school building which will be let to Highland Council which will run the primary school there for a least the next 10 years.
There was more good news for SCSBL this week when the Scottish Land Fund awarded them £50,825 towards the purchase of the land for the school.
Prospectus, other information and Application forms are now available to download
The Community Share Offer closes on 28/2/2017
Printed copies are available at Strontian Primary and at Ardnamurchan Library