Issue - meetings
The Business Terrace
Meeting: 29/06/2016 - Policy and Resources Committee (Item 22)
22 Report of the Head of Commercial and Economic Development - The Business Terrace 
PDF 195 KB
Additional documents:
- The business terrace - Appendix I, item 22
PDF 43 KB
View as HTML (22/2) 15 KB
- The business terrace - appendix II, item 22
PDF 4 MB
- The business terrace - appendix III, item 22
PDF 3 MB
- The business terrace - appendix IIIa, item 22
PDF 458 KB
Decision:
1. That the contents of the report be noted;
2. That a 12 month progress and trading report be presented to the Committee no sooner than October 2016 and no later than December 2016, and that this report also explore in greater detail the merits of and potential for the expansion of the Business Terrace offer.
Minutes:
Karen Franek, Principal Economic Development Officer, introduced the report updating the committee on the Business Terrace and advised that following revaluation it had been confirmed that the Terrace would contribute £10,000 per annum to the council. It would now be eligible for small business rates.
Alison Broom, the Chief Executive, drew attention to the report that had been received in February 2016 which covered the lease arrangements for Maidstone House, including relinquishing the lease for one part, and potential investment in the retained part to extend the Business Terrace offer.
A Member moved to record a vote of thanks for the officers involved in the Business Terrace.
RESOLVED:
1. That the contents of the report be noted;
2. That a 12 month progress and trading report be presented to the Committee no sooner than October 2016 and no later than December 2016, and that this report also explore in greater detail the merits of and potential for the expansion of the Business Terrace offer.