Issue - meetings

To consider the joint report of the Deputy Chief Executive and the Director of City Development seeking approval to extend the guidelines for the award of discretionary rate relief to “for profit” organisations who meet the stated criteria, as now permitted under Section 69 of the Localism Act 2011.

Further to Minute No. 235, 24^th April 2013,the Deputy Chief Executive and the Director of City Development submitted a joint report which sought approval to extend the guidelines for the award of discretionary rate relief to “for profit” organisations who meet the stated criteria, as now permitted under Section 69 of the Localism Act 2011.

Members welcomed the proposals detailed within the submitted report and the assistance that the extension to the scheme would provide to businesses across the city.

RESOLVED –

(a)  That the proposals to extend the guidelines for the award of discretionary relief for Business Rates from 1st April 2014 be approved.

(b)  That it be noted that the Deputy Chief Executive will be responsible for amending the guidelines for awarding discretionary relief.

(c)  That it be noted that the Chief Economic Development Officer will be responsible for implementing the scheme from 1 April 2014, as outlined within Section 3.5 of the submitted report.