Issue details

The Cabinet Member:

1.    Approved the closure of John Clare Primary School, and authorise the execution and completion of a Commercial Transfer Agreement (CTA) between Peterborough City Council, the Governing Body of John Clare 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 John Clare Primary School (including the pre-school/out of school club), at a peppercorn rent to Soke Education Trust;

3.    Authorised entering into Deeds of Assignment or Novation with Soke Education Trust (and 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:

4.     

a)    Contract dated 14 August 2009 between (1) Peterborough City Council (2) RF Blount & Sons Limited;

b)    Contract dated 21 July 2010 between (1) Peterborough City Council (2) PGR Construction;

c)    Sub-contractor warranty dated 11 June 2010 between (1) Harlow Bros Ltd (2) PGR Constuction (3) Peterborough City Council; and

d)    Sub-contractor warranty dated 10 August 2010 between (1) Roger Bullivant Limited (2) PGR Construction (3) Peterborough City Council.