Resolution status:Carried
It was RESOLVED: -
1.1 That the submission of Freeport East Full Business Case (FBC) be endorsed.
1.2 That the Assistant Director Economy & Regeneration and the S.151 Officer be given delegated authority in consultation with the Leader of the Council and Cabinet Members for Finance and Economy, to finalise the detail on the Freeport East FBC on behalf of Mid Suffolk District Council.
1.3 That the proposed incorporation model for Freeport East i.e. Company Limited by Guarantee be approved, and that Cabinet make a recommendation to Full Council on nominations for a MSDC director.
1.4 That a retained business rates policy be approved in principle.
1.5 That forward funding from the Growth & Efficiency Fund of £80,000 per year for 2 years in advance of retained business rates be approved.
Vote | Councillors | Count |
---|---|---|
For | Gerard Brewster, David Burn, Julie Flatman, Jessica Fleming, Peter Gould, Lavinia Hadingham, Suzie Morley, Harry Richardson and John Whitehead | 9 |
Against | None | 0 |
Abstain | None | 0 |
Conflict Of Interests | None | 0 |