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Islanders close in on buyout bid | |
(about 3 hours later) | |
The islanders of South Uist are on course to complete Scotland's largest community land purchase. | |
Highlands and Islands Enterprise (HIE) has approved a £2m contribution towards the £4.5m needed to buyout 92,000-acre South Uist Estates. | |
HIE's £2m pledge, plus £2m from the Big Lottery Fund leaves £500,000 to find. | HIE's £2m pledge, plus £2m from the Big Lottery Fund leaves £500,000 to find. |
Islanders, who have raised £50,000 from their own appeal, hope to secure the remaining money needed in time to meet the sellers' deadline of 30 November. | |
Scottish Natural Heritage (SNH) and Comhairle nan Eilean Siar (Western Isles Council are considering funding totalling £250,000. | |
It is going to unleash the potential of what is a very determined and very creative community HIE chairman William Roe | |
HIE chief executive Sandy Cumming said decisions by both organisations were "imminent". | |
Meanwhile, the buyout group - Storas Uibhist (Gaelic for the store or wealth of Uist) - will take out a £26,000 bank overdraft so the purchase can go ahead on 30 November and leave them in control of the area on 1 December. | |
Angus MacMillan, chairman of Storas Uibhist, welcomed the latest round of finance. | |
He said: "They are delivering what Scottish Parliament's wish for land reform and community ownership. | |
"What it means for us is that the resources and the wealth of the islands can be harnessed." | |
Mr MacMillan said the buyout will mean the community can benefit from potentially lucrative shooting, mineral and fishing rights. | |
Golf course | |
South Uist is also home to a golf course designed by legendary player Old Tom Morris. It is proposed to restore the Askernish course to its original 1892 layout. | |
HIE chairman William Roe said his organisation was convinced to make its £2,079,953 contribution because of the strength of the group's plans for South Uist. | |
He said of the buyout: "It is going to unleash the potential of what is a very determined and very creative community." | |
Mr Roe added that South Uist could become a model for other communities to follow. | |
HIE chief executive Sandy Cumming said more funding was "imminent" | |
However, Mr Cumming denied HIE will be seen as a soft touch and other landowners will start selling off estates if they believe they can get enterprise money. | |
He said the body has "finite resources" and any bid for financial backing would have to come from a community and not a private landowner. | |
John Watt, HIE's director of strengthening communities, also reacted to other criticism of the buyout. | |
He said: "I have seen and read that this means Lottery money for individuals to buy their houses. Everyone remains a tenant, but the landlord is a community company." | |
The decision to approve funding was taken during a closed doors meeting of HIE's board held ahead of its first ever meeting in public. | |
The area involved in the buyout has 3,500 residents. |