That the following decision taken on 17 December 2018 be rescinded:

That the Assistant Director for Business Services and the Elected Mayor, be authorised to agree and sign the final Memorandum of Understanding (MOU) between Torbay Council and Torquay United Association Football Club (TUAFC) based on the draft MOU set out at Appendix 1 to the submitted report.

That the Assistant Director for Business Services, be instructed to prepare the final Memorandum of Understanding (MOU) between Torbay Council and Torquay United Association Football Club (TUAFC) based on the draft MOU set out at Appendix 1 to the submitted report, subject to paragraph 1.2(e) being amended to read ‘… shall not be taken as pre-determination or any decision or political endorsement or assurance’ for signature by the Elected Mayor and Assistant Director for Business Services.