Yes this is as good a result as could be expected. The Board has been kept up to date on this by Lyn Smith and I have seen the Dundee City Council report that recommends the council provide enough funding to keep the observatory open for the next 3 years.
Another thing I note from the report is that they appear to be planning to floodlight Broughty Castle! As well as being bad for astronomy, this is particularly hard to understand as their objective was supposed to be to save money.