Issue details

The Cabinet Member is recommended:

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

3.    Authorised entering into Deeds of Novation with Soke Education Trust and the Governing Body of Werrington Primary School, for the following contracts to be novated from the Governing Body of Werrington Primary School to the Soke Education Trust:

a)    Solar Power Purchase Agreement dated 29 May 2012 between (1) Werrington Primary School (2) Peterborough City Council; and

b)    PV System Roof Access Agreement dated 29 May 2012 between (1) Werrington Primary School (2) Peterborough City Council

4.    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:

a)    Contract dated 3 December 2008 between (1) Peterborough City Council (2) L. Garfield (Builders) Ltd;

b)    Contract dated 9 August 2012 between (1) Peterborough City Council (2) Princebuild Ltd;

c)    Contract dated 28 July 2014 between (1) Peterborough City Council (2) Princebuild Ltd; and

Contract dated 21 July 2014 between (1) Peterborough City Council (2) V Couzens (Stamford) Ltd.