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1) That the draft Memorandum
of Understanding (MOU) as set out in Appendix 1 to the report of
the Head of Commercial and Economic Development be agreed and that
authorisation be given to the Chief Executive to sign it and submit
it to Government; and
2) That delegated authority
be given to the Director of Regeneration
and Place in consultation with the Chairman of Policy and Resources
Committee to agree the content of the final MOU.