Issue - meetings

Funding Agreement with Cambrian Learning Trust for Faringdon Community College

 

 

Meeting: 03/07/2026 - Delegated Decisions by Cabinet Member for Finance, Property and Transformation (Item 26)

26 Funding Agreement with Cambrian Learning Trust pdf icon PDF 190 KB

Report by: Deputy Chief Executive (S151 Officer)

 

RECOMMENDATION

 

The Cabinet Member is RECOMMENDED to:

 

a)    Approve the completion of the Funding Agreement with Cambrian Learning Trust which will release funding greater than £2m to the Trust to enable them to enter into contract for the construction of new accommodation at Faringdon Community College.

 

Decision:

Recommendation approved.

 

Minutes:

The Cabinet Member considered the report which indicated that Faringdon Community College (FCC)  was a secondary school academy managed by Cambrian Learning Trust (CLT). In 2024, a significant sum of unspent S106 funding was identified, which could only be spent at FCC.  Childrens Services agreed with CLT to use the funding to replace 4 x 2-class temporary buildings that were not fit for purpose, with permanent accommodation.

 

 

Resolved to:

 

a)    Approve the completion of the Funding Agreement with Cambrian Learning Trust which will release funding greater than £2m to the Trust to enable them to enter into contract for the construction of new accommodation at Faringdon Community College.