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 is to be 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 will again be 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.
A copy of this notice has been issued on 25 January 2018 by post to all eligible owners and tenants for all the properties they own or lease in the BID area.
Ballot papers will be sent no later than Thursday 8 February 2018 to those eligible to vote, for return to ERS by no later than 5pm on Thursday 22 March 2018.
The count will take place on Friday 23 March 2018 and the result will be announced at 2.30pm that day.
The BID arrangements and proposals will be described in detail in the BID Business Plan, which will be issued to those eligible to receive a ballot paper, and copies will also be available on request from Inverness BID Ltd, 17 Queensgate, Inverness, IV1 1DF; Email email@example.com or tel 01463 714 550.