Decision details

Council support to Visit IOW in progressing D BID 2

Decision Maker: Cabinet

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Visit IOW are due to consult on a new D BID and if they decide to progress the council will need to agree to manage the BID process and resultant collection of the BID levy, if it is successful. The council will also need to agree whether to support the BID as the owner of premises that are in scope for paying the levy.

Decision:

Option A - To support the D BID proposition, agree to run and manage the legal processes necessary to undertake the ballot of potential levy paying businesses, agree to cast its votes in favour of the D BID proposition and set aside the funds required to pay the levy if successful.

Report author: Ashley Curzon

Publication date: 13/09/2021

Date of decision: 09/09/2021

Decided at meeting: 09/09/2021 - Cabinet

Date comes into force if not called in: 21/09/2021

Call-in deadline date: 20/09/2021

Current call-in Count: 0

Accompanying Documents: