Decision details
Council Support to the Higher and Further Education Sector in Stockport Update (CCCS32)
PDF 72 KBDecision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To make a further recommendation regarding short term loan finance to Cheadle and Marple College to cover the period April to July 2015 including due diligence considerations.
To report on discussions with Stockport and Cheadle and Marple Colleges on their investment and estate programmes and their ongoing plans for sustainability; and to consider how the Investing in Stockport programme might support the sector.
Previous decisions related to this item can be found on the Council website at:- http://democracy.stockport.gov.uk/ieDecisionDetails.aspx?ID=1822
Decision:
The Executive considered an update on the phasing of the short term financial support package to Cheadle and Marple College previously agreed by the Executive, the outcome of external assurance on the financial information provided to the Council and an update on plans to develop a detailed programme of work to develop the possibilities of fuller collaboration between the Council and the Higher and Further Education Sector in Stockport and agreed that
· the short term loan finance to be provided to Cheadle and Marple College as detailed in the exempt report be approved; and
· the intention to start collaborative work on the strategic blue print for the Higher and Further Education sector, working with all stakeholders, be noted.
(Note: the report contained information ‘not for publication’ that had been circulated to executive councillors only)
Alternative options considered:
None
Reason Key: Affects 2 or more wards;
Wards Affected: Brinnington & Central; Cheadle & Gatley; Cheadle Hulme North; Cheadle Hulme South; Edgeley & Cheadle Heath; Manor; Marple North; Marple South & High Lane;
Equality and/or Environmental Impact Assessment: N/A
Decision Reference: ED1723
Declarations or conflicts of Interest: Councillor Sue Derbyshire declared a personal interest as a member of the Stockport College Governing Body that was referenced in the report. Councillor Keith Holloway declared a personal and prejudicial interest as a member of the Corporation of Cheadle & Marple Sixth Form College. Councillor Holloway left the meeting and took no part in the discussion or vote on this item.
Forward Plan Reference: CCCS32
Other reasons / organisations consulted
The Colleges involved and CRMG Scrutiny Committee
Contact: Simon Finch, Corporate and Support Services Email: simon.finch@stockport.gov.uk Tel: 0161 474 4019.
Report author: Simon Finch
Publication date: 18/03/2015
Date of decision: 17/03/2015
Decided at meeting: 17/03/2015 - Executive
Effective from: 25/03/2015
Accompanying Documents: