The Director of Children & Families agreed
to:
• Note the negotiations held with Solicitors acting on behalf
of The Owlcotes
Multi Academy Trust;
• Give authority for the following agreements to be executed
and completed to enable the Academy to open on 1st May 2024 or such
later date advised by the DfE (subject to the PFI funders/banks
approval):
o Schools Agreement between Leeds City Council and The Owlcotes
Multi
Academy Trust;
o Principal Agreement between Leeds City Council, The Secretary of
State for Education and The Owlcotes Multi Academy Trust; and
o Commercial Transfer Agreement between Leeds City Council, the
Governing Body of Spring Bank Primary School, and The Owlcotes
Multi Academy Trust,
together with any other documentation required to complete the
transfer.
• note that a Local Government (Contracts Act) certificate was
signed by the Director of Resources (as approved by the City
Solicitor) in relation to the Deed of Variation dated 1st September
2013 which varied the terms of the PFI project agreement for Leeds
Seven Schools PFI programme to accommodate (amongst other things)
this conversation.
• Note that decisions relating to the transfer of land and/or
the granting of any leases or licences are not included for
approval in this report. These will be undertaken under separate
delegated powers by the Director of City Development.
• Give authority for any other necessary action to be taken to
effect the transfer.