Decision details

The Leader and Cabinet Member for Finance submitted a report outlining the proposed business rates incentive scheme for new build commercial properties which will be operated in Bury.

Delegated decision:

That approval be given to the Local Business Rates Discretionary Scheme for new commercial buildings.

Reason for the decision:

The scheme presents an opportunity to incentivise businesses to choose Bury as the place to invest and grow. It also directly supports a number of important themes within the Team Bury’s Economic Development Strategy and will contribute to the Council’s stated objective of creating a strong local economy.

Other option considered and rejected:

To reject the recommendation.