Issue - decisions

Breckland Market Towns Initiative

23/09/2015 - Business Rates Relief - Town Centres (Agenda Item 9)

That:

 

1)     Option 1 - to introduce a pilot discretionary business rate relief scheme for certain new retail businesses in Dereham be approved. If approved, the scheme will commence in April 2016 for a 12 month period. It will offer up to 80% business rates relief for the pilot period and will be targeted at new businesses that meet all eligible criteria. The scheme as a whole will be reviewed on an annual basis. 

2)     Members instruct officers to commence consultation on the precise boundaries of the proposed eligible zones of the town (map to be circulated at Cabinet), and with a view to developing Dereham specific-guidance notes and an application form.

3)     Members ask to receive two future reports. The first will recommend specific measures that might support Breckland’s five market towns, together with financial and other implications of these proposals. The second will report back on the success of the Dereham discretionary business rate relief scheme, and on any policy issues it might generate.