Decision details

Request to spend S106 funding under section 106 application reference: P24/V2243/106

Decision Maker: Head of finance

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To create a budget for £1,352,597 from S106 contributions (Secondary Education) towards replacing temporary buildings with permanent accommodation at Faringdon Community College and release the funds to Oxfordshire County Council (OCC) under 74 of council’s financial procedure rules.

Decision:

To create a budget for £1,352,597 from three S106 contributions (Secondary Education) and release the funds to Oxfordshire County Council (OCC) towards Faringdon Community College under 74 of council’s financial procedure rules.

 

and to enter into a funding agreement in the form of a Third Party Funding Agreement, with Oxfordshire County Council and thereafter to release funds, subject to receipt of the signed third party funding agreement.

 

Publication date: 22/01/2025

Date of decision: 21/01/2025

Effective from: 30/01/2025

Accompanying Documents:

 

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