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 Liberal Democrat, the membership of the Committee had been amended for this meeting by including Councillor Long instead of Councillor Pentney.

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 204 and 207 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 the submitted exempt report in respect of a new investment opportunity.

Resolved:

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

To consider any new regeneration investment opportunities.

Pat Steward, TDA, outlined the submitted exempt report in respect of a new regeneration opportunity.

Resolved:

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

(Note: In accordance with Standing Order A19.6 Councillor Thomas (D) requested his vote against the decision in respect of Minute 205 to be recorded.)

To receive an update on existing investments.

Liam Montgomery, TDA, outlined the submitted exempt report in which provided an update on a previously agreed investment opportunity.

Resolved:

That the report be referred to an urgent extraordinary Council meeting to be held at 5.00 pm on 13 February 2019 (unanimous).

(Note:  Councillors O’Dwyer and Thomas (D) left the meeting prior to discussion of this item.)

To review the overall performance of the Investment and Regeneration Fund.

Liam Montgomery, TDA, provided an update on the performance of the Investment and Regeneration Fund.