Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
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.
Report author: Leader and Cabinet Member for Finance and Growth
Publication date: 16/04/2015
Date of decision: 08/04/2015
Decided at meeting: 08/04/2015 - Cabinet
Effective from: 22/04/2015
Accompanying Documents: