That the Economic Growth Fund Opportunity, as set out in the Exempt Cabinet Minute 115h, be approved.

To enable the Council to regenerate an area of land that has very limited alternative uses.

Alternative options were set out in the submitted report.

This decision will come into force and may be implemented on 24 August 2020 unless the call-in procedure is triggered (as set out in the Standing Orders in relation to Overview and Scrutiny).

The Cabinet considered the submitted exempt report on the proposed regeneration of an area of land in line with the Council’s approved Economic Growth Fund Criteria.  The proposal would support regeneration within Torbay.

Councillor Long proposed and Councillor Cowell seconded a motion which was agreed unanimously by the Cabinet as set out above.

None.