Decision details

Resolved

(1)     That the contents of the report be noted.

(2)     That the following amendments to the proposed Business Rates Incentives Scheme be recommended to Executive:

·           That the scheme be more flexible to avoid lower rateable value properties being disadvantaged.

·           That the scheme be expanded to include Kidlington and the cap be increased to reflect the inclusion.

·           That conditions be included to avoid misuse of the scheme.

·           That pound shops be included.

·           That there be minor amendments to the inclusion maps.

(3)     That subject to the amendments in resolution (2) above, the Business Rates Incentive Scheme be recommended to Executive for approval.