Purpose

To support
Tameside schools to convert to Academy status.

Content

(i)                
The Director of
Legal and Democratic Services be authorised to enter into a
125-year Lease in respect to the school site with the Chester
Diocesan Academies Trust.

(ii)              
That the Director
of Legal and Democratic Services be authorised to enter into the
Commercial Transfer Agreement. which takes into account the
principle that risk and liability does not transfer back to the
Council and in respect of which the funds and reserves to manage
the risks/liabilities will transfer to the Academy and consequently
the Council should be in no worse position because of the
transfer.

(iii)            
That the Council
does not offer to pool with the Academy, in respect of the pension
fund liabilities in the Greater Manchester Pension Fund

(iv)            
That Delegated of
authority be given to the Strategic Director Finance or their
nominated representative to execute any necessary Greater
Manchester Pension Fund for Transferee Admission Bodies
documentation