[To approve the completion of a lease of former Parkfields School from City of Wolverhampton Council to Khalsa Academies Trust]

1.       That the completion of a lease from the City of Wolverhampton Council to Khalsa Academies Trust from 1 September 2017 to 31 August 2018 for the former Parkfields School, Wolverhampton Road be approved.

2.       That the typographical error in the annual rental figure referred to in paragraph 3.2 of the report be corrected to ‘£109,681’.

Councillor Peter Bilson presented a report on a proposal to complete a lease to Khalsa Academies Trust for accommodation within the former Parkfields School until the end of August 2018.

The completion of the lease would enable continued use of the building reducing security and maintenance costs during the period before demolition and income to the Council would be achieved.

Councillor Bilson also reported on a typographical error in the annual rental figure referred to in paragraph 3.2 of the report, that should be corrected to ‘£109,681’. 

Resolved:

1.    That the completion of a lease from the City of Wolverhampton Council to Khalsa Academies Trust from 1 September 2017 to 31 August 2018 for the former Parkfields School, Wolverhampton Road be approved.

2.    That the typographical error in the annual rental figure referred to in paragraph 3.2 of the report be corrected to ‘£109,681’.