Issue details

The Cabinet Member:

1)    To approved the closure of Gladstone Primary School and authorise the execution and completion of a Commercial Transfer Agreement (CTA) between Peterborough City Council, the Interim Executive Board of Gladstone Primary School and TDA Education Trust;

2)    To authorised the grant of a 125 year lease of the land and buildings occupied by the School known as Gladstone Primary School (located at Gladstone Street and Bourges Boulevard site), excluding the land currently used as a children’s centre and the public play area, at a peppercorn rent to TDA Education Trust;

3)    To authorised entering into a Deed of Novation with TDA Education Trust and Carillion Construction Limited to novate the Council’s contract dated 12 August 2013 with Carillion Construction Limited to TDA Education Trust, to give effect to the terms of the CTA;

4)    To authorised entering into a Duty of Care Deed with Carillion Construction Limited;

5)    To authorised entering into a Dual Use Agreement with TDA Education Trust in respect of the Bourges Boulevard site; and

6)    To delegated authority to the Corporate Director People and Communities to authorise variations to the Dual Use Agreement entered into pursuant to recommendation number 5 during the operation of the Dual Use Agreement.