To consider the submitted report on the above.

(Note:  this report contains exempt appendices which have been circulated separately.)

The Council considered the submitted report on the outcome of discussions with the current operator Parkwood Leisure to secure the future sustainability of the Torbay Leisure Centre for the benefit of Torbay residents. 

Mayor Oliver proposed and Councillor Doggett seconded a motion, which was agreed unanimously by the Council, as set out below:

(i)       that the Council enters into a new lease with Parkwood Leisure for the provision of the Torbay Leisure Centre and the Velopark until 2029;

(ii)      that from the point of transfer to the new arrangements to the end of the term, no management fee is payable by the Council;

(iii)     that the new arrangements include the operation and management of the Velopark and the TUPE of existing Velopark staff;

(iv)     that the Council provides a £1.7 Million loan to Parkwood Leisure through prudential borrowing for investment projects to improve the building, increase revenue generation, modernise and improve the facilities and improve customer satisfaction; and

(v)      that the final terms of the lease and loan arrangements are delegated to the Assistant Director (Communities and Customer Services) in consultation with the Executive Lead for Community Services and the Section 151 Officer.