Date:
In response to the announcement that Greenfield School and Hoe Bridge School will merge, Woking Borough Council has issued the following statement regarding the outstanding loan owed to the council by Greenfield School.
Cllr Dale Roberts, Deputy Leader and Portfolio Holder for Finance and Economy, said: “Whilst I welcome the planned merger between Greenfield and Hoe Bridge schools, we have been clear that all existing contractual obligations, including the repayment of outstanding loans to Greenfield School, must be honoured in full.
“We are seeking immediate discussions with the new organisation to set out our expectations and to protect the interests of local taxpayers. The council will pursue all necessary steps to secure the repayment of these loans.”