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Issue details

Academy Conversion (Soke Educational Trust) of Gunthorpe Primary School - KEY/07AUG17/08

The Cabinet Member:

 

1.    Approved the closure of Gunthorpe Primary School and authorise the execution and completion of a Commercial Transfer Agreement (CTA) between Peterborough City Council, the Governing Body of Gunthorpe Primary School and Soke Education Trust;

 

2.    Authorised the grant of a 125 year lease of the land and buildings occupied by the School known as Gunthorpe Primary School (including the internal nursery but excluding the external families centre), at a peppercorn rent to Soke Education Trust;

 

3.    Authorised entering into Deeds of Assignment or Novation with Soke Education Trust (an if applicable, the relevant contractor(s)) to assign the Council’s interest in (or novate if applicable) the following contracts, to Soke Education Trust, to give effect to the terms of the CTA:

 

a)    Contract dated 10 October 2005 between (1) Peterborough City Council (2) Bernard Ward Limited;

 

b)    Contract dated 17 November 2006 between (1) Peterborough City Council (2) L. Garfield (Builders) Limited;

 

c)    Contract dated 28 October 2010 between (1) Peterborough City Council (2) L. Garfield (Builders) Limited;

 

d)    Contract dated 29 October 2014 between (1) Peterborough City Council (2) Benchmark Contracts Limited.

 

Decision type: Key

Reason Key: Expenditure or savings greater than £500,000;

Decision status: Recommendations Approved

Wards affected: Gunthorpe;

Notice of proposed decision first published: 06/07/2017

Decision due: Not before 29th Nov 2017 by Cabinet Member for Education, Skills and University

Lead member: Cabinet Member for Education, Skills and University

Lead director: Corporate Director People and Communities

Department: People and Communities

Contact: Emma Everitt, Capital Projects and Assets Officer Email: emma.everitt@peterborough.gov.uk Email: emma.everitt@peterborough.gov.uk Tel: 01733 863660.

Consultation process

Academy conversion of maintained primary school. The execution and completion of a Commercial Transfer agreement (CTA) between the Council and the Academy Trust. The authorisation of a 125 year lease to the Academy Trust

Relevant Scrutiny Committee: Children and Education

Decisions

Documents