To consider options for the redevelopment of the Harbour Light Restaurant.

Further to the meeting of the Harbour Committee held on 21 December 2015 (Minute 32.12.15 refers), David White from the Torbay Development Agency outlined the submitted exempt report which set out details of the Initial Business Case for the Harbour Light Restaurant, Paignton in respect of potential development of the site.  Members noted that the proposal was in line with the Port Masterplan to increase the use and vitality of Paignton Harbour, drawing people to the Harbour from the beach and town centre, which would also help make the Harbour more sustainable.

Resolved:

(i)       that the findings of the revised Initial Business Case for the Harbour Light Restaurant Building set out in Appendix 1 to the submitted exempt report be noted;

(ii)      that the Torbay Development Agency (TDA) be instructed to commission the site specific Flood Risk Assessment for the proposed development of the Harbour Light Restaurant building;

(iii)      that, subject to a satisfactory outcome from the Flood Risk Assessment identified in (ii) above, the Executive Head of Business Services in consultation with the Chairman of the Harbour Committee and the Torbay Development Agency, be asked to explore the option for the whole premises to be used by a single occupier, who would either own a long lease of the whole building or who could occupy the whole building on a shorter 25 year lease; and  

(iv)     that the tenants of the Harbour Light Restaurant building continue to be consulted and kept informed as to the proposals that might affect the future use of the building.

(Note:  prior to consideration of the item in Minute 42 Members confirmed that they would discuss the item on the Harbour Light Restaurant in public but that the report would remain exempt on the grounds that it contained exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972 (as amended).)