The council say their first priority is the safety of families using the park and ensuring the appropriate European standard for play equipment is met.
Carlauren Group explain the situation with development at the former Ocean Hotel in Sandown. However their subsequent post to Facebook puts this into question.
The biodiversity pioneers from Sandown will develop and upscale new ways of enhancing and protecting urban coast and estuary ecosystems at test sites in the Solent and on the north coast of France.
The event attracted over 100 swimmers last year and as well as the help of inshore rescue teams, the services of kayakers and canoeists are needed to support the swimmers.
The pilot project, funded by the EU, will help the Isle of Wight council reduce energy bills and carbon emissions and demonstrates how a conventional building can become a smart building.
The state of the Ocean Hotel and King's House, both owned by Carlauren Group are being looked in to by the Isle of Wight council's enforcement officer.
Sally McConkey, of Cross Street, Sandown, set up a petition last week urging local authorities to take action because she says the town is currently in the worst state she has ever seen it.
Police have recovered dozens of items including bicycles, bicycle parts, paddleboards, binoculars, mobile phones, a scooter, an Air Wheel unicycle and fishing rods.