Issue

Issue - meetings

Freeport Business Rates Relief Policy

Meeting: 26/04/2022 - Cabinet (Item 113)

113 East Midlands Freeport Business Rates Relief Policy pdf icon PDF 256 KB

Report of the Head of Finance and S151 Officer.

Presented by Corporate Portfolio Holder.

 

Additional documents:

Minutes:

The Deputy Leader and Infrastructure Portfolio Holder presented the report.

 

Members congratulated the report author for their efforts to circumvent any potential loophole which could be utilised by occupiers of the Freeport.

 

It was moved by Councillor R Ashman, seconded by Councillor K Merrie and

 

RESOLVED THAT:

 

The Council’s East Midlands Freeport Business Rates Relief Policy be approved by Cabinet.

 

Reason for decision: As part of the formal creation of the East Midlands Freeport the Council is required to have in place a Business Rates Relief Policy for eligible organisations outlining the eligibility criteria, operation and delivery of Business Rates Relief for East Midlands Freeport Tax Sites.