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  • Issue

    • Issue - meetings

    Freeport Business Rates Relief

     

     

    Meeting: 25/06/2024 - Cabinet (Item 12)

    12 Freeport Business Rates Relief pdf icon 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.