(Report of Chief Executive)
Further to Decision No D180060CAB, the report set out a programme of delivery for the Business Rates Retention Pilot initiatives, including an early draft of the Commercial Frontages Grant Scheme.
Consideration was given to the proposed criteria for the scheme which focused on independent retailers in the town and district centres of Tonbridge town centre, Borough Green, Kings Hill, Martin Square/Larkfield, Snodland and West Malling. It was agreed that the four additional centres identified in the previous district centres programme (Aylesford, East Peckham, Hadlow and Wrotham) also be included. It was also suggested that the focus of the scheme on retail premises should be reflected in its title.
Following consideration by the Economic Regeneration Advisory Board, the Cabinet Member for Economic Regeneration resolved that:
(1) the proposed outline Business Rates Retention programme, as set out at paragraph 1.1.2 of the report, be approved; and
(2) the Town and District Centres Commercial (Retail) Frontages Grant Scheme, as set out in the report, be approved subject to inclusion of Aylesford, East Peckham, Hadlow and Wrotham.