Decision details

Summerside School Academy Conversion: Commercial Transfer Agreement and Lease of the School Premises

Decision Maker: Executive Director Strategy & Resources (Chief Finance Officer / Section 151 Officer)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Summerside School, a Community School, has been approved by the Secretary of State to convert to an Academy as part of a multi-academy trust (Reach2 Academy Trust). As part of the conversion process, the Council is required to grant a lease of the land and buildings used by Summerside School to the Academy Trust in the terms of the model long term Department for Education Academy Lease and this report sets out the main terms.

The Council, the Governing Body of the School, and the Academy Trust are also required to execute a Commercial Transfer Agreement, which includes information relating to: (i) any employees of the Council or the Governing Body who are assigned to the School and who will transfer from the employment of the Governing Body or the Local Authority to the new Academy Trust; and (ii) assets and contracts which will transfer from the Local Authority or the Governing Body to the new Academy Trust, together with other rights and obligations of the Council or the Governing Body.

Publication date: 16/08/2017

Date of decision: 15/08/2017

Accompanying Documents: