Issue details

Proposed Investment at Torbay Business Park

It is proposed that the Council makes an investment to bring forward a site at Torbay Business Park for employment uses and considers the principle of investing in similar sites in the future.

Decision type: Key

Reason Key: Acquisition or disposal of land in excess of £250,000;

Decision status: Recommendations Approved

Wards affected: Blatchcombe;

Notice of proposed decision first published: 23/02/2016

Decision due: 21 Jul 2016 by Council

Lead member: Elected Mayor and Executive Lead for Assets, Finance, Governance and Corporate Services, Economic Regeneration and Transformation

Lead director: Chief Executive of TDA

Contact: Alan Denby TDA Email: alan.denby@tda.uk.net Tel: 208671.

Consultation process

Meetings and circulation of papers.

Consultees

Overview and Scrutiny Board

Reason for inclusion in Forward Plan: The proposal will lead to the acquisition of an asset for the Council which will support its Corporate Plan and specifically leads to employment, improves the Council's asset base and increases the business rate base.

If you want to make representations contact:: Alan Denby, Director of Economic Strategy & Performance, Torbay Development Agency, 3rd Floor Tor Hill House, Union Street, Torquay, TQ2 5QW, telephone (01803) 208671, Email alan.denby@tedcltd.com

Agenda items