Agenda item

The Executive considered a report on the proposed renewal of the Camberley Town Centre Business Improvement District (BID) and a recommendation from the Camberley Town Centre Future Management Working Group that the Council votes ‘Yes’ for a further 5 years of the BID.

Members noted that the Council had a liability to the BID through a 1.5% levy on its property within the BID area. Whilst this would vary depending on the Council’s property portfolio, the contribution in 2016 was £10,086.29.

The Council administered the billing and collection of BID levies, for which the Authority received £5,000 per annum, and provided further officer support through media and marketing, Greenspace and Economic Development teams.

Members supported the proposal to support a further 5 years of the BID and agreed that the Chief Executive be asked to vote on the Council’s behalf in accordance with Executive’s decision.

            Resolved, that

(i)     The recommendations of the Camberley Town Centre Future Management Working Group be accepted;

(ii)    The Council record a Yes vote in support of a further 5 years of the Camberley Business Improvement District; and

(iii)   The Chief Executive be asked to cast the Council’s vote in accordance with the Executive’s decision.