(1) Approve a contribution of £4,850,000
towards the A382 road improvements between Newton Abbot and
Drumbridges roundabout;
(2) Receive £4,850,000 (plus index) from Devon County Council
to be spent on infrastructure priorities needed to support
development in Teignbridge; and
(3) Delegate authority to the Head of Place and Commercial Services
to complete a funding agreement with Devon County Council
associated with the contributions and take such other actions as
may be necessary to make and receive the payments.