Request to spend S106 funding under section 106 application reference: P24/V0778/106

June 7, 2024 Head of finance (Officer) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to create a £1,461,262 budget from S106 contributions for primary education and release the funds to Oxfordshire County Council for the Folly View Primary School, under specified financial procedure rules, contingent on a signed third-party funding agreement.

Full council record

Purpose

To create a budget from S106 contributions (Primary
Education) and release the funds to Oxfordshire County Council
(OCC) towards the provision of a primary school (Folly View Primary
School) under 74 of council’s financial procedure
rules.
 

Decision

To create a budget for
£1,461,262 from S106 contributions (Primary Education) and
release the funds to Oxfordshire County Council (OCC) towards the
provision of a primary school (Folly View Primary School) 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.

Supporting Documents

Officer Key Decision - 07.06.2024 - S106 contribution towards Folly View Primary School.pdf

Details

OutcomeRecommendations Approved
Decision date7 Jun 2024
Subject to call-inYes