Decision details

RE18 0085 - Inward Investment Business Incentive Scheme Grant - Flannels

Decision Maker: Director of Regeneration and Environment

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

With council support Flannels would open a designer retail shop supplying womeswear, menswear, childrenswear, footwear and accessories.

Decision:

To award the following contract to Flannels in relation to the Inward Investment Business Incentive Scheme:-
Business rates uplift - £125,0000 (the actual grant paid will be the lower of the award or actual business rates generated).

Alternative options considered:

A number of options were considered including not offering the company any incentives.

Publication date: 15/11/2018

Date of decision: 08/10/2018