It was RESOLVED: -
1.2 That the Assistant Directors as alternative delegation for signature on legal documentation in respect of Enterprise Zone site delivery within the Districts be approved.
1.3 That continued negotiations between BDC and IBC to agree Memorandum of Understanding regarding passporting of Fund B monies in respect of Sproughton Enterprise Park (Enterprise Zone Site) be approved.
Reason for Decisions: To encourage the development of employment sites and other business growth in appropriate locations. To encourage investment in infrastructure.
Alternative Options Considered and Rejected: To not approve the Discretionary Business Rates Relief policy.
Any Declarations of Interest declared: None
Any Dispensation Granted: None