That:

a)     The proposed Integration Plan and the Heart of the Southwest Local Enterprise Partnership (HOTSWLEP) transfer of functions into the Council by 1 April 2024 be approved;

b)     Delegated authority be given to the Director of Pride in Place in consultation with the Cabinet Member for Place Development and Economic Growth and the Director of Finance to agree transfer arrangements and agreements with Somerset, Plymouth and Devon councils that cover operational implementation of the LEP functions, and the allocations of LEP residual funding, resources, and assets to the four upper tier councils;

c)      Delegated authority be given to the Director of Pride in Place in consultation with the Cabinet Member for Place Development and Economic Growth approval of any minor changes to the Integration Plan; and

d)     The submission of a business case for Torbay, including Plymouth and Devon to bid for transitions funding from Government up to £240,000 be approved.