Issue - meetings

The Mayor moved that the recommendations be approved and this was

seconded by Councillor Jim Mallory. Following a contribution from the

Councillor Bonavia, it was unanimously :

RESOLVED that the proposal to create a London Business Rates pilot pool

based on the principles set out in the London Councils proposals be

endorsed, with a preference for Option D as set out (i.e. greater weighting to

“needs” and “population” (each 30%) with equal remaining weightings of 20%

for “incentives” and “investment” pots).