Issue - meetings
Freeport Business Rates Relief
Meeting: 25/06/2024 - Cabinet (Item 12)
12 Freeport Business Rates Relief 
PDF 228 KB
The report of the Strategic Director of Resources
Presented by the Corporate Portfolio Holder
Additional documents:
Minutes:
The Leader of the Council presented the report.
A Member was supportive but said that he would ask further questions on the details of the project as it progressed.
It was moved by Councillor R Blunt, seconded by Councillor T Saffell and
RESOLVED THAT:
Subject to Council approving joining the EMF Company, Cabinet approves the Council’s East Midlands Freeport Business Rates Relief Policy and delegates authority to the Strategic Director of Resources/S151 Officer to finalise the document.
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.