Purpose

To create a budget from two S106 contributions
(Primary Education) and release the funds to Oxfordshire County
Council (OCC) towards the expansion of capacity at John Blandy
School in Southmoor under 74 of
council’s financial procedure rules.
 

Decision

To create a budget for
£1,331,481 from two S106 contributions (Primary Education)
and release the funds to Oxfordshire County Council (OCC) towards
the expansion of capacity at John Blandy School in Southmoor under 74 of council’s financial
procedure rules and to enter into a funding agreement in the form
of a Third Party Funding Agreement, with Oxfordshire County Council
and thereafter to release funds, subject to receipt of the signed
third party funding agreement.