ACTION TAKEN BY CABINET MEMBER (EXECUTIVE FUNCTION)Commercial Transfer Agreement and Lease • July 25th, 2013
Subject Parkfield Primary School Academy Conversion: Commercial Transfer Agreement and Lease of the School Premises Cabinet Member Cabinet Member for Education, Children and Families Cabinet Member for Resources and Performance Date of Decision 25 July 2013 Date decision comes into effect 1 August 2013 Summary Parkfield Primary School, a Community School, has been approved by the Secretary of State to convert to an Academy as part of a multi-academy trust (The Elliot Foundation). As part of the conversion process, the Council, the Governing Body of the School, and the Academy Trust are required to execute a Commercial Transfer Agreement.The Council is also required to grant a lease of the land and buildings used by Parkfield Primary School to the Academy Trust and this report sets out the terms of the lease. Officer Contributors Caylin Joski-Jethi, School Organisation and Place Planner, Children‟s ServiceGeorge Church, Property Services and Valuation, Commercial Service Status (public
