Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: October 8, 2024

Purpose:

Content:   RESOLVED: Cabinet a)    Approved the request for an uplift of £2.2m in the current budget, to be met through council borrowing in order for the school to be built in time for a planned September 2025 opening date.   b)    The total budget for the school will be made up as follows:     Basic needs grant £1,000,000 S106 contributions £10,456,707 Council borrowing request* £2,200,000 Total project budget £13,656,707   *subject to approval and retrospective CIL funding to repay the council borrowing element c)     Consider the plans for council borrowing to be repaid through future CIL funding once the CIL infrastructure list has been amended to include spend on creating new primary school places   REASONS RESOLVED: 1.     To accord with school organisation legislation by ensuring that we have a sufficiency of school places for each child that needs one. 2.     If the new school does not go ahead, pupils will have to travel to schools much further away as the existing provision is currently full. 3.     Objectives had been set for this project including reflecting an extensive lesson learned process from previous projects and notably the Council’s aspirations for a net zero West Northamptonshire by 2045. The future Council (or customers) will receive the maximum benefit from the option proposed as the design ensures a net zero approach   ALTERNATIVE OPTIONS: None