Issue - meetings

Bournemouth Town Centre Business Improvement District (BID) is preparing to undertake a renewal ballot for its third term from 2 March 2022 – 30 March 2022. The result of the ballot will be announced on 31 March 2022.

If successful, the 5-year BID Term will run from 1 July 2022 to 30 June 2027. This report seeks Cabinet approval for the Council to support Bournemouth Town Centre BID for the third term.    

RESOLVED that Cabinet agree BCP Council’s support of the Bournemouth Town Centre Business Improvement District (BID); and agree:

i)        To endorse the BID proposal that will be submitted to BCP Council by the BID;

ii)      To authorise the Director of Economic Development to complete the ballot papers on behalf of the Council in favour of the BID proposal; and

iii)    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: Unanimous

Portfolio Holder: Development, Growth and Regeneration

Reason

BCP Council is fully supportive of BIDs and the significant benefits and investment that they bring. The Bournemouth Town Centre BID proposal will help deliver the Council’s strategic aims and objectives including the Dynamic Places objective in the Corporate Plan. It has a strong track record of supporting businesses in the town centre and supporting innovative new projects. It is therefore recommended that BCP Council supports the Bournemouth Town Centre BID for its third 5-year term.

The Portfolio Holder for Development, Growth and Regeneration presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'H' to these Minutes in the Minute Book.

Cabinet was advised that Bournemouth Town Centre Business Improvement District (BID) is preparing to undertake a renewal ballot for its third term from 2 March 2022 – 30 March 2022, and that the result of the ballot will be announced on 31 March 2022.

Further to this Cabinet was informed that if successful, the 5-year BID Term will run from 1 July 2022 to 30 June 2027, and that this report seeks Cabinet approval for the Council to support Bournemouth Town Centre BID for the third term.

Members praised the work of the BID and stressed the close working relationship.

RESOLVED that Cabinet agree BCP Council’s support of the Bournemouth Town Centre Business Improvement District (BID); and agree:

i)        To endorse the BID proposal that will be submitted to BCP Council by the BID;

ii)      To authorise the Director of Economic Development to complete the ballot papers on behalf of the Council in favour of the BID proposal; and

iii)    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: Unanimous

Portfolio Holder: Development, Growth and Regeneration