Business Improvement Districts
Business Improvement Districts (BID) are created where local businesses see the opportunity to invest collectively to help make local improvements which will benefit the local community.
They are developed, managed and paid for by the business sector by means of a compulsory BID levy which the businesses within the proposed BID area must vote in favour of before the BID can be established.
Each business liable to contribute to the BID will be able to vote on whether or not the BID goes ahead.
The BID ballot process
This is a confidential postal ballot commissioned by the Ballot Holder. The BID ballot procedure is conducted in accordance with the Buisness Improvement (Scotland) Regulations 2007.
For the BID to be successful, there must be a minimum of 25 per cent turnout by the number of businesses and by combined rateable value. Of those that vote, over 50 per cent by number and 50 per cent by combined rateable value must vote in favour of the BID.
Proposed renewal of the Business Improvement District for Inverness
A ballot was held on the proposal to renew the Business Improvement District (BID) for the Inverness City Centre for a further 5 year period from 1 April 2018 to 31 March 2023.
The ballot was conducted entirely by post on behalf of the Ballot Holder, Steve Barron, who is The Highland Council’s Chief Executive, by the Independent Scrutineer, Electoral Reform Services (ERS) of 33 Clarendon Road, London N8 0NW.
Ballot papers were sent to all eligible owners and tenants for all the properties they own or lease in the BID area. The result of the ballot is as follows
Further information on the BID proposals and plans can be obtained from Inverness BID Ltd, 17 Queensgate, Inverness, IV1 1DF; Email firstname.lastname@example.org or tel 01463 714 550.