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That it be DETERMINED that:

          
I.The Director of Governance and Pensions be authorised to enter
into a 125-year Lease in respect to the school site with the
Changing Lives in Collaboration (CLIC) Trust in the form set out in
Appendix 2.

        
II.The Director of Governance and Pensions be authorised to
enter into the Commercial Transfer Agreement, in the form set out
in Appendix 3, 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.The Council does not offer to pool with the Academy, in
respect of the pension fund liabilities in the Greater Manchester
Pension Fund.

      
IV.Delegation of authority to the Assistant Executive
Director, Finance or their nominated representative to execute any
necessary Greater Manchester Pension Fund for Transferee Admission
Bodies documentation.