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

In accordance with the wishes of the Liberal Democrat Group, the membership of the Committee had been amended for this meeting by including Councillor Doggett instead of Councillor Pentney.

To confirm as a correct record the Minutes of the meeting of this Committee held on 6 March 2018 and 13 March 2018.

The Minutes of the meetings of the Investment and Regeneration Committee held on 6 and 13 March 2018 were confirmed as a correct record and signed by the Chairman.

To discuss the criteria and methodology of selecting and monitoring regeneration projects.

Members discussed possible criteria and methodology for regeneration investments to be considered under the Investment and Regeneration Fund Strategy.  Options included linking criteria to delivery of objectives of the Council’s Policy Framework documents and a potential three stage process to see if there was an appetite to further pursue a regeneration investment.  Officers would work up draft proposals with the Chairman and bring them back to a future meeting of the Investment and Regeneration Committee for consideration.

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 125 to 127 the press and public were formally excluded from the meeting on the grounds that the items 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 investment opportunities within the Council’s travel to work area, which were not supported by the Committee for further investigation.  He also outlined a new potential area for investment and agreed to bring back further details on this investment profile to a future meeting of the Committee.

To consider any new regeneration investment opportunities.

No new regeneration opportunities were discussed.

To receive an update on existing investments.

Further to the Chief Executive’s urgent exempt decision taken on 21 March 2018 in respect of a local investment opportunity, Anne-Marie Bond provided a verbal update on the investment.

Resolved:

The decision in respect of this Minute is restricted due to exempt information contained within the decision.