From the same Council agenda of 4 June 2014:

Heathpark Supermarket Development – Feb 2014 Cabinet and Council reports agreed the selection of Terrace Hill as preferred developer for EDDC’s former SITA depot site on Honiton Heathpark and authorised officers to enter into a conditional contract with Terrace Hill.

 Officers have been in further negotiation with the developer involving the Project manager and Council Legal team.  Following agreement of Heads of Terms, we are now agreeing t contract terms. This will enable the developer to begin the process of preparing their planning application for a supermarket development. We anticipate that an application will be made later this calendar year.

Funny that we seem to get lots of press releases about puff jobs for the council but very little about hard facts stuff like this.