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Jimmy Savile's name will be removed from Scarborough's list of Freemen of the Borough following a council vote.
Councillors passed a motion on Monday afternoon to erase his name from the roll of honour, as a gesture of support to the 300 people he allegedly abused over six decades.
The disgraced BBC star was awarded the accolade in 2005 to celebrate his links with the North Yorkshire resort, where he owned a second home and was buried overlooking the sea a year ago.
The motion, proposed by Councillor Tom Fox, said: "This council wishes to send its heartfelt support to, and acknowledge the courage of, those who have come forward having suffered horrendous abuse at the hands of the alleged serial predatory sexual offender Sir Jimmy Savile.
"In addition, this council, in further acknowledgment of the serious predatory sexual allegations spanning over six decades, agrees that if the council had been aware of such revelations at the time of Sir Jimmy Savile's nomination for honorary freeman of the borough of Scarborough, the council would have refused it.
"It is therefore proposed that his name be removed forthwith from the honour board for freemen of the borough pending the final report from the Metropolitan Police, when this council will make a permanent decision in relation to the matters referred to in this motion."
The roll of honour will be taken down from its position in the town hall on Tuesday, and his name will be erased.
Historically, anyone made a freeman was exempt from tolls and given special privileges.
It is still awarded to "persons of distinction and any persons who have rendered eminent services to the borough".
Scarborough has granted freeman status to 20 individuals and groups since the local government reshuffle of 1974, including playwright Sir Alan Ayckbourn, retired boxer Paul Ingle and the Yorkshire Regiment.
Savile's ornate triple headstone in Scarborough's Woodlands Cemetery was knocked down and sent to landfill last month at the request of his family.