I Think some of the money should be spent on building a indoor Futsal and sports centre/stadium.
I moved back from Australia in 2018 after 12 years there and my children played high level Futsal, it has thousands of children and Adults playing it at all levels, There is also an international team called the futsalroos who travel and play in the Futsal World Cup. My children also represented Australia and traveled to Wrexham and then Spain and played against teams there.
I think a Futsal and sports Centre/ stadium would put Skegness on the Map ( as they say) you could also have a running track around it and host events that could attract athletes from around the world it would also be an asset to the town as it would help keep locals fit.
You could have a cafe and gym to.
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