To receive any apologies for absence including any changes to the membership of the Committee.

It was reported that, in accordance with the wishes of the Conservative Group, the membership of the Committee had been amended for this meeting by including Councillor Lewis (C) instead of Councillor O’Dwyer.

To consider passing a resolution to exclude the press and public from the meeting prior to consideration of the following items on the agenda on the grounds that exempt information (as defined in Paragraph 3 of Schedule 12A of the Local Government Act 1972 (as amended) is likely to be disclosed.

Prior to consideration of the items in Minutes 133 and 134 the press and public were formally excluded from the meeting on the grounds that the item involved the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972 (as amended).

To consider potential investment opportunities.

Liam Montgomery, TDA, outlined two investment opportunities, within Torbay’s travel to work area, which were circulated at the meeting. 

Resolved:

(i)        That investment opportunity 1 be supported in principle and that further details are presented to a further urgent Investment and Regeneration Committee with a view to then making a recommendation to a meeting of Full Council (extraordinary meeting to be arranged);  and

(ii)        the decision in respect of investment opportunity 2 is restricted due to exempt information contained within the decision.

To consider any new regeneration investment opportunities.

Alan Denby and Jason Buck, TDA, outlined a local regeneration opportunity as set out in the exempt report circulated prior to the meeting. 

Resolved:

(i)         the decision in respect of regeneration opportunity 1 is restricted due to exempt information contained within the decision.

To receive an update on existing investments.

No update.