Some amazing opportunities for Ilfracombe could be capped with a £1.3million grant for a new watersports centre. The town is waiting anxiously to see if the North Devon Council first stage bid to the Coastal Communities Fund for the Larkstone attraction is successful, with an announcement now expected later this month. On Monday the councils executive approved plans to contribute the £70,000 site to the project and £35,000 for a marine license fee. Councillor Rodney Cann, responsible for Ilfracombe regeneration, said it showed commitment to the future of Ilfracombe, adding: I believe that theres some amazing opportunities in Ilfracombe and in many ways the district council holds the keys to make the development of the town possible. It owns Jubilee Gardens, the seafront, the harbour and the Cove. We really need to decide a sense of direction n its one fo the jewels in the crown of North Devon and I see a very bright future for the town if we grasp the opportunities. The prospective watersports centre would be run by Ilfracombe Pilot Gig Club, Ilfracombe Canoe Club and Ilfracombe Y-Sail as a community interest company. The proposed centre would include boat and equipment storage facilities, showers, changing rooms and a café on the first floor of the building, together with a slipway for launching. If it successfully sails through the first part of the bid for Government cash it would go to stage two, with a final announcement due in March. Mr Cann said: Its an exciting opportunity and will not only provide and area to help the sports groups and the economy, but an amazing spot for the café too.