Grant of New Lease for an Academy School
January 4, 2024 Cabinet Member for Finance and Council Reform (Cabinet member) Approved View on council websiteThis 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 comply with the Academies Act 2010, a 125-year lease was approved for Ark Schools, commencing retroactively from March 6, 2013, for an academy school property.
Full council record
Purpose
To approve the grant of a 125 year lease to Ark Schools on the terms within the confidential appendix.
Decision
Summary of Decision
The Cabinet Member has approved the grant of a 125 year lease from 06 March 2013 to Ark Schools by WCC in accordance with the Academies Act 2010 and on the terms within the exempt appendix.
Reasons for Decision
WCC is required under the terms of the Act to grant a 125 year lease to Ark Schools at a peppercorn rent.
A Cabinet Member Decision is required due to the length of the lease.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 4 Jan 2024 |