Decision details

Cabinet resolved to:

1. Authorises the Council to enter into the following:

a. A Commercial Transfer Agreement (CTA) between the Council, the Governing Body of

Peakirk-cum-Glinton Church of England Primary School (the “School”) and

Peterborough Diocese Education Trust (“PDET”).

b. A Deed of Novation between the Council, the Governing Body of the School and PDET, for the Governing Body’s interest in the following contracts to be novated from the Governing Body to PDET:

i. PV System Roof Access Agreement between the Council and the School; and

ii. Solar Power Purchase Agreement between the Council and the School.

c. Deeds of Novation/Assignment between the Council, PDET and (if applicable) the relevant third-party contractors, for the Council’s interest in any contracts which are identified as requiring to be novated or assigned to PDET.

2. Authorises the Council to enter into the following:

a. A lease of 125 years of the playing fields occupied by the School, at a peppercorn rent granted by the Council to PDET

b. A statutory transfer of hardstanding areas and built land on the School site from the Council to Peterborough Diocesan Board of Finance (“Diocese”)

c. [any other property documents to be authorised],

the main terms of which are set out in Appendix 1 (or such alternative terms as the Executive Director for Children's Services, in consultation with the Director for Legal and Governance and the Executive Director for Corporate Services, determines are necessary to facilitate the academy conversion of the School).

3. Delegate authority to the Executive Director for Children's Services, in consultation with the Director for Legal and Governance and the Executive Director for Corporate Services to negotiate and enter into any legal documentation reasonably required to facilitate the academy

conversion of the School

The link to the report can be found below