Issue - meetings

BROMLEY BUSINESS IMPROVEMENT DISTRICT (BID) PROPOSAL – RENEWAL FOR 2021-2026

Meeting: 09/11/2020 - Renewal, Recreation and Housing Policy Development and Scrutiny Committee (Item 32)

32 BROMLEY BUSINESS IMPROVEMENT DISTRICT (BID) PROPOSAL – RENEWAL FOR 2021-2026 pdf icon PDF 370 KB

Additional documents:

Minutes:

Report HPR2020/035

 

The report updated Members on the progress to date on the development of a proposed second term for the existing Business Improvement District (BID) in Bromley Town Centre and its potential implications for the Council.  The report also introduced the outline Bromley BID Proposal 2021 – 2026 which had been presented to the Council by the Bromley BID Ltd (the Bromley BID company) and requested delegated authority for the Director of Housing, Planning and Regeneration to review the final version of the BID Proposal in order to authorise a ballot to be held on the renewal of the Bromley BID in February 2021.

 

RESOLVED: that the Portfolio Holder be recommended to

 

1.  Note the draft Bromley BID Proposal 2021 – 2026 (summarised in 3.9 below but provided in full as part of a report on Part 2 of this agenda) which details the progress to date on the development of the BID, including the level of consultation with businesses, and outlines the BID levy rules and emerging key priorities of the BID for its second term.

 

2.  Agree in principle, on the basis of the outline BID Proposal that the Council’s Ballot Holder may be instructed to hold a ballot in February 2021, according to the Business Improvement District Regulations (England) 2004, being satisfied that the BID Proposal does not conflict with any of the Council’s priorities and plans, and that its geographic scope is within the boundaries of the London Borough of Bromley (see map of draft BID boundary in Appendix 1).

 

3.  Agree delegated authority to the Director for Housing, Planning and Regeneration to review the FINAL version of the BID Proposal which is expected to be delivered to the Authority by 12th January 2021 and provided that this still meets the criteria outlined in 2.2 above, instructs the Ballot Holder to run the BID ballot, on behalf of the Portfolio Holder.

 

4.  Agree to nominate an officer to vote ‘Yes’ on behalf of the Council for eligible Council-occupied hereditaments which fall within the proposed BID area (these are listed in paragraph 5.2 of the report).

 

5.  Subject to a BID ‘yes’ vote, authorise the Director of Corporate Services to enter into all legal agreements necessary to renew and operate the BID, and that the agreements ensure that the BID company acts at all times in the best interests of the town centre.  The draft agreements, which are still to be finalised, are included as part of Appendix 2.

 

6.  Note the potential for additional costs to the Council in the event of a ‘no’ vote and that a further report setting out options be submitted for Members’ consideration in that event.