On the 27 March 2020 the Leader, with the Acting Director of Neighbourhoods:
1. Noted that this report is subsequent to an earlier authority granted to draft necessary documents to enable a ballot for the renewal of Westside BID in Appendix 2 to the report;
2. Supported the outline draft proposals for the Westside Business Improvement District (BID) to be operated by the Westside Partnership Ltd for a second term in the BID area in Appendix 3 to the report;
3. Approved the detailed provisions relating to finance and services contained in paragraph 7.3 (and in detail at Appendix 4 to the report), principally subject to a successful BID ballot, specifically:
- ICT Digital Solutions set up charges estimated at £22,495 to be funded from Policy Contingency
- BID levy collection costs for ICT Digital Solutions estimated at £9,991per annum for five years (£49,955 total) funded from Policy Contingency.
- Levy payments on Five City Council interests, detailed in paragraph7.2, estimated at £41,615 per annum for five years (£208,075 total over five years), to be funded by the relevant Directorates;
4. Authorised the Interim City Solicitor and relevant services to execute and complete all relevant documents to give effect to the above recommendations in relation to the BID; and
5. Authorised the Acting Chief Executive or his designated Officer to vote ‘yes’ in relation to the City Council’s total of Five votes in relation to the BID ballot specified.
NB: THE DEADLINE FOR CALL IN ENDS ON WEDNESDAY 1 APRIL 2020 AT 1600 HOURS.