Welsh Developers Actoris Ltd, who have put forward plans to develop a food store on the existing Jewsons site next to Carnsew Pool have written to ING to ask them to drop plans for a food store on South Quay.
In a carbon copy move to that already tried by Walker Developments, Actoris has offered to give ING money to drop the plan.
Actoris has offered ING £500,000 towards the £7million cost of regenerating South Quay, if Actoris is successful in their bid for a food store.
If successful they have also agreed to pick up the cost of a footbridge which Cornwall Council want between South Quay and Penpol Terrace.
Clearly the second offer in a week demonstrates just how keen Walker and Actoris are to lock out ING and pocket the significant sums being offered by the Food stores.
ING reiterated to Actoris in a letter sent to the company in Cardiff that monies received by the food operator will be ploughed back into the scheme and assist in covering the harbour infrastructure costs.
ING described the £500,000 offer towards infrastructure monies as a drop in the ocean and reminded Actoris that ING has a long term commitment to Hayle and likened the Actoris and Walker deals to a property version of a "hit and run."
As the Company has said on numerous occasions the harbour costs cannot presently be covered by public subsidy or the house building market, therefore money must not leak out of the harbour.
In the letter, (Linked below), ING points out to Actoris that the company has had no offers to support the running costs of the harbour or other harbour improvements and only the Foodstore with its significant rewards has created this interest.
ING has asked both developers to leave the foodstore to national and local planning policy.
