A MULTI-MILLION pound investment package is expected to be given the thumbs up next week, moving the development of a second primary school in Okehampton a huge step forward. The £5 million investment in Okehampton is to be considered by Devon County Council's executive committee. Members will be asked to give the green light to an ambitious three year capital programme when they meet on Tuesday February 26. If approved, the county council will be spending close to £235 million across Devon on improving and replacing schools and facilities for children, young people and families. Of the £235 million, £5 million has been set aside for the planned new primary school in Okehampton. Okehampton mayor Tony Leech said he was pleased to hear that the county council had earmarked a substantial sum of money for the new primary school. He said: 'It's very good this money has been earmarked for Okehampton and hopefully it is guaranteed. 'This is definitely good news — but would be even better if the county council said they would build and run a community school.' Okehampton county councillor Christine Marsh welcomed the news. She said: 'It is all good news and excellent for Okehampton. 'I'm hoping some of the smaller primary schools like Lifton and Bridestowe will benefit from this money as well. 'There are lots of schools that need a revamp, with some way past their sell by date. 'But this is an exciting prospect for all schools and for education in Devon. Children are our future and its important they get the best start possible.' Edna Hicks, West Devon Borough councillor for Okehampton East, added: 'I think it's absolutely fantastic and brilliant news. 'The sooner they get it done now, the better.' The new school, which will be built on the eastern edge of Okehampton between Exeter Road and Crediton Road, will cater for pupils aged between 3 and 11. The first phase of the school will open in 2010 and cater for 210 students. The school has to be built because with the current rate of population growth in Okehampton there will not be enough space at the existing Okehampton Primary School. More places at the new school will be phased in to coincide with further housing development seeing it grow to accommodate 420 students by 2020. Devon's lead councillor for children and young people, John Smith, said the programme would have a real impact across the country and that it was vital for children to get the best possible start in education. He said: 'This is an ambitious programme that will make a real impact across Devon, ensuring high priority school projects can proceed. 'We can look forward to developing new priorities to ensure our children and young people learn in facilities fit for the 21st century. 'These proposals are good news for schools, young people and their families and the economy of the area. They will provide a major boost right across Devon. 'We are seeing a continuing commitment to investment which I believe will considerably benefit our drive to raise standards and achievement.'