Decision details

The purpose of the report sought Executive approval to invest in expanded facilities, and capacity, at Middlesbrough College. The investment would allow for provision to meet the demand for expanded student capacity in engineering and technical qualifications and provided an enhanced skills pipeline for the major industrial developments planned across the Tees Valley.

ORDERED that Executive

1.    Approves investment in Middlesbrough College of up to £1,600,000 of capital funding from within the approved Capital Programme to enable facility expansion to grow the educational capacity of the college.

2.    Approve an amendment to the existing lease of land at Middlesbrough College to introduce a rental value of £131,234 per annum, for a period of 20 years.

3.    Approve that the arrangement set out was subject to acceptance by Middlesbrough College Board of Governors.

4.      Approve the delegation of any administration and determination of the terms of the lease amendment to the Chief Finance Officer (S151).