Decision details

Business Improvement Districts (BIDs) 2019-2020

Decision Maker: Portfolio Holder for Renewal, Recreation and Housing

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

This report outlines the feasibility of extending the BID concept to West Wickham and Chislehurst town centres

Decision:

The Portfolio Holder for Renewal, Recreation and Housing noted the outcome of the initial feasibility study on the potential for a BID in West Wickham and Chislehurst Town Centres.    

 

The Portfolio Holder supported in principal the formation of a BID in West Wickham at the earliest opportunity, bearing in mind the constraints and risks outlined in paragraph 3.12 of the BID report.

 

The Portfolio Holder recommended that the Executive approve the allocation of up to £75k from the Growth Fund to cover the costs of the proposed West Wickham BID project.  

 

 

 

 

   

Reasons for the decision:

The Portfolio Holder made this decision because the report outlined the feasibility of extending the BID approach to West Wickham and Chislehurst town centres.  The report explored the business case for the Council to invest in the introduction of further BID areas, and a summary of issues arising in each town, how a BID could assist with tackling these, potential barriers to a successful introduction of a BIDs in this town and a suggested road map to implementation.

 

The report recommended progressing with the BID in West Wickham.

Publication date: 21/03/2019

Date of decision: 21/03/2019

Effective from: 29/03/2019

Accompanying Documents: