Issue details

Academy Conversion - KEY/06MAR17/03

The Cabinet Member:


1)    To approved the closure of Parnwell Primary School, and authorise the execution and completion of a Commercial Transfer Agreement (CTA) between Peterborough City Council, the Governing Body of Parnwell Primary School and The Lime Trust;


2)    To authorised the grant of a 125 year lease of the land and buildings occupied by the School known as Parnwell Primary School at a peppercorn rent to The Lime Trust; and


3)    To authorised entering into a Deed of Assignment with The Lime Trust to assign the benefit of the Council’s contract dated 21 August 2009 with Frederick F Smith Builders Limited, to The Lime Trust, to give effect to the terms of the CTA.


Decision type: Key

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

Decision status: Recommendations Approved

Notice of proposed decision first published: 03/02/2017

Decision due: June 2017 by Cabinet Member for Education Skills and University

Lead member: Councillor Lynne Ayres

Lead director: Corporate Director People and Communities

Department: People Services

Contact: Brian Howard, Head of Schools Infrastructure Tel: 01733 863976 Email: Email: Tel: 01733 863976.

Consultation process

Relevant internal and external stakeholders.

Relevant Scrutiny Committee: Children and Education Scrutiny Committee