Decision details

Local Discretionary Rate Relief (LDRR) Award: Reference: OD08/20

Decision Maker: Executive Director of Strategy & Governance

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To maximise opportunities to secure new business investment within the district over the long term.

Decision:

To award LDRR to the applicant as follows:

2020-21 £70,000

2021-22 £50,000

2022-23 £30,000

Subject to the applicant abiding by the standard conditions detailed in their offer letter.

Reasons for the decision:

To maximise opportunities to secure new business investment within the district over the long term.

Alternative options considered:

·        Not to award LDRR

·        To award LDRR at a lower level

Publication date: 30/07/2020

Date of decision: 30/07/2020

Accompanying Documents: