Issue - meetings

This report provides a further update on the Business Rates Retention Pilot Schemes and seeks endorsement to progress a shopfront improvement scheme for local centres and parades (subject to KCC agreement).

(Report of Chief Executive)

The report provided an update on economic regeneration initiatives within the Borough funded by income received from the Business Rates Retention Pilot.  Particular reference was made to the Town and District Commercial Frontages Grant Scheme and the proposed Local Centres and Parades Improvements Scheme.

Following consideration by the Economic Regeneration Advisory Board, the Cabinet Member for Economic Regeneration resolved that:

(1)          the content of the report be noted;

(2)          the proposal to close the Town and District Centres Commercial Frontages Scheme to new applications by the end of December 2019 be approved; and

(3)          delivery of a Local Centres and Parades Improvement Scheme be approved and this initiative be launched before the end of December 2019.

Decision Notice D190063MEM

The report of the Chief Executive provided an update on economic regeneration initiatives within the Borough funded by income received from the Business Rates Retention Pilot.  Particular reference was made to the Town and District Commercial Frontages Grant Scheme and the proposed Local Centres and Parades Improvements Scheme.

RECOMMENDED:  That

(1)          the content of the report be noted;

(2)          the proposal to close the Town and District Centres Commercial Frontages Scheme to new applications by the end of December 2019 be approved; and

(3)          delivery of a Local Centres and Parades Improvement Scheme be approved and this initiative be launched before the end of December 2019.