Purpose

To present an update on the ISV
project including progress with the planning applications, plans
for car parking arrangements, and proposals for the former Toys R
Us site (Retail 3).
 
To present the outcome of
market engagement for the Energy Strategy for the site and a
proposed procurement route.
 
To provide an updated on the
boardwalk.
 

Content

Appendices 2, 3 and 5 of this report are not for
publication as they contain exempt information of the description
contained in paragraphs 14, 16 and 21 of Schedule 12A of the Local
Government Act 1972.
 
RESOLVED: that
 
1)   
The disposal of the former Toys R Us/Retail 3 site
by way of option as set out in this report and in line with the
Heads of Terms set out in Confidential Appendix
2 be approved and authority be delegated
to the Director of Economic Development, in consultation with the
Cabinet Member for Investment & Development, the Section 151
Officer and the Legal Officer, to deal with any ancillary matters
related to the disposal.

 
2)   
The plans for alternative short-term parking
arrangements as illustrated at Appendix 4be
noted.
 
3)   
Engagement with local residents/landowners be
authorised to consider the future options for the areas of
boardwalk not in Council ownership and report back
to a future meeting of Cabinet.