Purpose

Southbank BID’s current five-year term
ends on 30 September 2024. A cabinet member decision is required to
‘formally consider the Southbank BID proposals and instruct
the Returning Officer to hold the necessary third term
ballot’ to enable the BID to continue operating.

The council is statutorily bound to consider the BID proposal and
hold a ballot on the BIDs behalf unless the proposal conflicts any
formally adopted and published policy by the council, or it is
likely to have a significantly disproportionate financial burden on
any person or class of persons.

Decision

1.         To
authorise a third term ballot for South Bank Business Improvement
District (BID) due to take place in February 2024
 
2.         To
request that the Chief Executive as Returning Officer and
“Ballot Holder” holds a ballot for South Bank BID at an
estimated cost of £2,500.
 
3.         To
delegate authority to the Director of Legal & Governance to
complete the necessary legal agreements required for the operation
of the South Bank BID levy, the ballot and service agreements and
any other matters required for the South Bank BID proposals in
consultation with the appropriate officers.
 
4.         To
delegate authority to the Director of Finance and Property to
complete the ballot papers to vote on behalf of the council in
favour of the BID proposal with regards to Council owned properties
in the BID area.