Issue - meetings
Park Royal Partnership BID
Meeting: 23/05/2011 - Executive (Item 14)
14 Proposed Park Royal Partnership Business Improvement District PDF 141 KB
This paper informs Members of Park Royal Partnership’s intention to ballot eligible businesses within the Park Royal industrial estate for the establishment of a Business Improvement District (BID) anticipated to take place on 30th June 2011. The paper includes background information about the BID, the progress Park Royal Partnership has made to date and outlines the implications for the Council.
Additional documents:
Decision:
(i) that it be noted that an ‘industrial’ Business Improvement District (BID) was being proposed in the Park Royal area across three boroughs: Brent, Ealing and Hammersmith and Fulham;
(ii) that authority be delegated to the Director of Regeneration and Major Projects, in consultation with the Director of Finance and Corporate Services, to decide whether to approve the Park Royal Partnership BID proposals and business plan such that a ballot will be held;
(iii) that it be noted that Park Royal Partnership has asked the three councils to run BID ballots on 30 June 2011 and that the cost of running the ballot to be funded by the three Local Authorities, is estimated to be less than £3,000 in total;
(iv) that it be noted that the three ballots would be run by Ealing and that the council’s Returning Officer proposes to appoint Ealing to undertake the ballot on behalf of the Council;
(v) that authority to veto be delegated to the Director of Regeneration and Major Projects, in consultation with the Director of Finance and Corporate Services in respect of the ballot including the authority to exercise such power should those officers consider such action appropriate;
(vi) that the Head of Revenue and Benefits be authorised to establish and administer the BID revenue account and to provide for the introduction, administration, recovery and application of the BID levy in accordance with the BID Regulations in the event that the Park Royal BID successfully proceeds at ballot.
(vii) that authority be delegated to the Director of Regeneration and Major Projects in consultation with the Director of Finance and Corporate Services to complete any necessary legal agreements and other arrangements required for the operation of the BID Levy, BID ballot and service arrangements including the Baseline and Operating Agreements with the newly formed BID company should the ballot be successful in June.
Minutes:
The report from the Director of Regeneration and Major Projects informed members of Park Royal Partnership’s intention to ballot eligible businesses within the Park Royal industrial estate for the establishment of a Business Improvement District (BID) anticipated to take place on 30 June 2011. The report included background information about the BID, the progress Park Royal Partnership has made to date and outlined the implications for the council. The Director referred to the benefits for businesses should the ballot be successful in terms of the environment, networking, training and being able to attract more government funding into the area.
RESOLVED:
(i) that it be noted that an ‘industrial’ Business Improvement District (BID) was being proposed in the Park Royal area across three boroughs: Brent, Ealing and Hammersmith and Fulham;
(ii) that authority be delegated to the Director of Regeneration and Major Projects, in consultation with the Director of Finance and Corporate Services, to decide whether to approve the Park Royal Partnership BID proposals and business plan such that a ballot will be held;
(iii) that it be noted that Park Royal Partnership has asked the three councils to run BID ballots on 30 June 2011 and that the cost of running the ballot to be funded by the three Local Authorities, was estimated to be less than £3,000 in total;
(iv) that it be noted that the three ballots would be run by Ealing and that the council’s Returning Officer proposed to appoint Ealing to undertake the ballot on behalf of the council;
(v) that authority to veto be delegated to the Director of Regeneration and Major Projects, in consultation with the Director of Finance and Corporate Services in respect of the ballot including the authority to exercise such power should those officers consider such action appropriate;
(vi) that the Head of Revenue and Benefits be authorised to establish and administer the BID revenue account and to provide for the introduction, administration, recovery and application of the BID levy in accordance with the BID Regulations in the event that the Park Royal BID successfully proceeds at ballot;
(vii) that authority be delegated to the Director of Regeneration and Major Projects in consultation with the Director of Finance and Corporate Services to complete any necessary legal agreements and other arrangements required for the operation of the BID Levy, BID ballot and service arrangements including the Baseline and Operating Agreements with the newly formed BID company should the ballot be successful in June.