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Croydon Business Improvement District (BID)

24/08/2021 - Croydon Business Improvement District (BID)

The Leader of the Council delegated authority to the Cabinet to make the following decisions:

 

RESOLVED: To

 

1.          Agree that on receipt of the Croydon Business Improvement District (BID) agreed proposal for the renewal of the proposed BID activity, the Interim Executive Director for Place in consultation with the Cabinet Member for Communities, Safety & Business Recovery be given delegated authority to:

 

1.1Consider on behalf of the Council as billing authority, whether the proposal conflicts with any formal adopted policy of the Council and if it does, give notice of this in accordance with the Business Improvement Districts England) Regulations 2004 (“the BID regulations)”;

 

1.2Determine whether the Council should support the Croydon BID proposal and to vote on its behalf in the BID ballot. If a no vote is proposed, this will be referred to Cabinet for further consideration;

 

1.3Formally manage the ballot process in accordance with the BID regulations;

 

1.4That subject to a “yes” vote at ballot:

 

a.   the Council will act as the relevant billing authority and will manage the billing and collection of the additional levy, and its transfer to Croydon BID;

b.   the Council meet the Council’s obligations in paying the extra BID levy, as a non–domestic ratepayer in the BID area, in accordance with the BID regulations over the life of the BID

c.    the Council enter into key operating agreements with the Croydon BID Company regarding the operation of the BID and the delivery of Council requirements and baselines