Decision details
Transfer of South Leeds Academy to The Cockburn Multi-Academy Trust
Reference: D47376
Decision Maker: Director of Children and Families
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The report provides a summary of negotiations
to date, advises on issues and risks and requests the Chief
Officer, Learning Improvement to:
• Note and approve the negotiations held with the DfE, and
Solicitors acting for DAT, CMAT and the PFI Consortium.
• Approve the signing of the key documentation required to
enable the South Leeds Academy to become part of the CMAT on 1st
April 2018.
Decision:
·
The Chief Officer, Learning Improvement agreed to:
• Note the negotiations
held with Solicitors acting on behalf of Delta Academies Trust,
DfE, Cockburn Multi Academy Trust
and Investors in the Community (Leeds Schools)
Ltd;
- Give authority for the following Agreements to be executed and completed to enable the Academy to transfer on the 1st April 2018:
· Deed of Variation of the PFI Project Agreement (PFI DoV);
· Deed of Novation and Variation (DoNV) of the academy documents, namely;
o Commercial Transfer Agreement;
o Principal Agreement; and
o School Agreement.
together with any other documentation required to complete the transfer; and
· Give authority for any other necessary action to be taken to effect the transfer
Alternative options considered:
Option 1 -
Option 2 -
Option 3 -
Contact: Sally Lowe, Assets & Access Lead 0113 3787196 Email: sally.lowe@leeds.gov.uk.
Publication date: 19/03/2018
Date of decision: 19/03/2018
Accompanying Documents: