322 Poole Business Improvement District (BID) PDF 255 KB
Poole Business Improvement District’s (BID) initial 5-year term will finish in June 2021. The BID is currently preparing for re-ballot on 20 May 2021 for a second 5-year term. This report seeks Cabinet approval to continue the Council’s support for Poole BID for the second term.
Decision:
RESOLVED that Cabinet agree to continue BCP Council’s support of the Poole Business Improvement District (BID); and agree: -
i) To endorse the BID proposal submitted by the Poole Business Improvement District;
ii) To note that the re-ballot will be run by CIVICA at a cost of £3,000. It was agreed with the BID that this one-off cost would be paid for by the BCP Council Economic Development team through existing budgets;
iii) To note that if the re-ballot is successful, the Council will pay any BID levy due in relation to the Council’s properties within the BID area (currently totalling £18,887 per annum) for 5 years. The service units that own the liable premises will pay the levy for their site(s);
iv) To authorise the Director - Development to complete the ballot papers on behalf of the Council in favour of the BID proposal; and
v) To authorise the Head of Legal Services to complete any necessary legal agreements required for the operation of the BID Levy, Ballot and service arrangements and any other necessary matters for the proposed BID in consultation with the appropriate officers.
Voting: Nem.Con
Portfolio Holder: Regeneration, Economy and Strategic Planning
Reason
BCP Council is fully supportive of BIDs and the significant benefits and investment that they bring. The Poole BID helps deliver the Council’s strategic aims and objectives including the ‘Rejuvenating Poole’ project in the Council’s ‘Big Plan’. It is therefore recommended that BCP Council supports the Poole BID re-ballot for a further 5-year term.
Minutes:
The Portfolio Holder for Regeneration, Economy and Strategic Planning presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'B' to these Minutes in the Minute Book.
Cabinet was informed that the Poole Business Improvement District’s (BID) initial 5-year term will finish in June 2021. Further to this Cabinet was advised that the BID is currently preparing for re-ballot on 20 May 2021 for a second 5-year term, and that this report sought Cabinet approval to continue the Council’s support for Poole BID for the second term.
RESOLVED that Cabinet agree to continue BCP Council’s support of the Poole Business Improvement District (BID); and agree: -
i) To endorse the BID proposal submitted by the Poole Business Improvement District;
ii) To note that the re-ballot will be run by CIVICA at a cost of £3,000. It was agreed with the BID that this one-off cost would be paid for by the BCP Council Economic Development team through existing budgets;
iii) To note that if the re-ballot is successful, the Council will pay any BID levy due in relation to the Council’s properties within the BID area (currently totalling £18,887 per annum) for 5 years. The service units that own the liable premises will pay the levy for their site(s);
iv) To authorise the Director - Development to complete the ballot papers on behalf of the Council in favour of the BID proposal; and
v) To authorise the Head of Legal Services to complete any necessary legal agreements required for the operation of the BID Levy, Ballot and service arrangements and any other necessary matters for the proposed BID in consultation with the appropriate officers.
Voting: Nem.Con (2 abstentions)
Portfolio Holder: Regeneration, Economy and Strategic Planning
Councillors Mike Greene Nicola Greene declared disclosable pecuniary interests in this item and refrained from participating in the discussion and voting thereon