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(Key
decision):
 
(1) To note the defective boundary wall at
Westgate Car Park and approve the capital budget allocation of
£150,000 for initial remedial investigations and surveys;
 
(2) To note the progress update regarding
remedial work being undertaken at Castle Rise Wall, notwithstanding
that it is not a corporate asset;
 
(3) To note the progress update regarding
recommissioning of the Marine Workshops and approve the capital
budget allocation of £400k to support phase 2 improvements at
the property;
 
(4) (a) To note the progress update regarding
West Beach Promenade;
 
(b) To purchase the West Beach Promenade from
Newhaven Port and Properties Ltd subject to contract, valuation and
full due diligence;
 
(c) To construct a new restaurant and
destination facilities on West Beach Promenade;
 
(d) To invite expressions of interest for the
grant of a lease of the restaurant and leisure facilities, and to
enter into that lease; and
 
(e) To authorise the Deputy Chief Executive
and Director of Regeneration and Planning, in consultation with the
Lead Member for Finance, Assets and Community Wealth Building and
the Chief Finance (S151) Officer to take all necessary actions to
progress the proposals set out in (4) above including the approval
and implementation of all processes and procedures, the negotiation
of terms, authorising the execution of all necessary documentation
and any ancillary matters.