Issue - meetings

Funding Agreement with Cambrian Learning Trust for Faringdon Community College

Meeting: 04/09/2026 - Delegated Decisions by Cabinet Member for Finance, Property and Transformation (Item 32)

32 Funding Agreement with Cambrian Learning Trust for Faringdon Community College pdf icon PDF 198 KB

Cabinet Member: Finance, Property and Transformation

Forward Plan Ref: 2026/ 210

Report by: Deputy Chief Executive (S151 Officer)

Key Decision: Yes

Contact: Nick Tomkins, Strategic Liaison Manager - Property and Assets

Email: nick.tomkins@oxfordshire.gov.uk.

 

Report by: Deputy Chief Executive (S151 Officer)

 

 

The Cabinet Member is RECOMMENDED to:

 

a)    Approve the entering into a Funding Agreement with Cambrian Learning Trust with a maximum funding contribution of £7.00m to enable the Trust to procure the construction of new teaching accommodation at Faringdon Community College.

 

Additional documents:

Decision:

Recommendation approved.

Minutes:

The Cabinet Member considered a report  which indicated that Faringdon Community College had expanded in 2018 with the delivery of a 14-class block.  However, the funding for that expansion project was unable to meet the cost of replacing 4 temporary buildings (8 classrooms) which were in poor condition.

 

In this regard since the 2018 expansion project, several s106 financial contributions had been received that are ring-fenced for secondary education in Faringdon. This funding was now being used to replace the temporary buildings that are not fit for purpose with permanent teaching accommodation.

 

As the funding requirement had increased the matter was being brought for approval.

 

Resolved to:

 

a)    Approve the entering into a Funding Agreement with Cambrian Learning Trust with a maximum funding contribution of £7.00m to enable the Trust to procure the construction of new teaching accommodation at Faringdon Community College.