TRUST COMMITTEE

 

MINUTES of a meeting held on 21st January, 2008.

 

Present: Councillor F.T. Johnson (Chairman); Councillor A.G. Powell (Vice-Chairman); Councillors J. Clifford, Miss J. Cole, Mrs. S.I. Sharpe and E.T. Williams.

 

 

716     APOLOGY FOR ABSENCE -

 

This was received from Councillor S.T. Wiliam.

 

 

717     MINUTES -

 

RESOLVED - T H A T the minutes of the meeting held on 7th December, 2007 be approved, subject to it being noted that in the matter of Cowbridge Lower School Site: Trust Land, the Cabinet had not been requested to make further representation to the Charity Commission as this was a matter for the Trust Committee to pursue.  The Cabinet had only been requested to approve the funding of such representation from the Education Service budget.

 

 

718     COWBRIDGE LOWER SCHOOL SITE: TRUST LAND (DLD) -

 

Ms. Giselle Davies, Independent Solicitor for the Trust Committee was in attendance for this item.

 

The Charity Commission had previously indicated that proceeds from the disposal of the Lower School site could not be used to support the redevelopment of Cowbridge Comprehensive School at the Aberthin Road site.  Counsel’s Opinion highlighted previous possible precedents and alternative proposals that could make further representations to the Charity Commission worthwhile.

 

One proposal investigated by Giselle Davies at a previous meeting, notwithstanding valuation issues, was whether it would be possible to obtain Charity Commission consent for an exchange of the Lower School site for the Upper School site in order that the Local Authority could sell the vacant site and use the proceeds to provide new or enhanced buildings on the Upper School site by that exchange now owned by the Trust.  The initial view of the  Charity Commission was that it might be possible but only if the Trust would receive best value for the disposal by way of exchange.  Evidence would be needed as to the value of the Upper School site and buildings offered by way of exchange and then compared against valuation advice received by the Trust in relation to the Lower School site.

 

The Charity Commission would have to be convinced that the disposal of the Lower School site was in the best interests of the Trust (and its beneficial charitable purposes).  This would only seem possible if the exchange of sites was offered after some redevelopment of the Upper School site.  Such redevelopment would be required to enhance the value of the Upper School site so as to achieve an equalisation of value with the Lower School site, ie. It would be necessary to ensure that the extent of improvements to the Upper School site resulted in a value commensurate with the market value of the Lower School site.  Alternatively, it might be possible to achieve the exchange on the basis of the Council contracting with the Trust to carry out the proposed improvements, to add value to the Upper School site, at the expense of the Council.  A challenge to the Charity Commission on this basis would be supported by the Council’s clear commitment to the development of Cowbridge School by the recent appointment of external design consultants.

 

On 9th January 2008, the Cabinet had approved funding from the Education Service budget to support further representation to the Charity Commission for approval to use proceeds from the disposal of the Lower School site to support redevelopment at Cowbridge Comprehensive School at the Aberthin Road site.  The Trust Committee indicated that with the financial support now in place they wished Giselle Davies to obtain further Counsel Opinion.

 

RESOLVED - T H A T Giselle Davies be authorised to discuss proposals with Counsel, within the fees guideline set, with a view to her negotiating a way forward with the Charity Commission to enable proceeds from the disposal of the Lower School site to be used to support the redevelopment of Cowbridge Comprehensive School at the Aberthin Road site and report back to the Trust Committee in due course.