RESOLVED
(a) that the proposed Integration Plan for the Heart of the South West Local Enterprise Partnership (HOTSW LEP) and transfer of functions into the County Council by 1st April 2024 be endorsed;
(b) that delegated authority be given to the Director of Performance and Partnerships in consultation with the Cabinet Member for Economic Recovery and Skills, the Director of Finance and Public Value and Director of Legal and Democratic Services responsibility for:
(i) Finalising the HotSW LEP Integration Plan and;
(ii) Concluding the transfer arrangement and agreements with Somerset Council, Plymouth City Council and Torbay Council covering: operational implementation of HOTSW LEP functions, and the allocation of HOTSW LEP residual funding, resources, and assets;
(c) that the submission of a business case for Devon, including Plymouth and Torbay to bid for transition funding from Government up to £240,000 be approved; and
(d) that the dissolution of the HOTSW LEP Joint Scrutiny Committee, by the end of March 2024, also be approved.