Purpose

Your Eastbourne BID Limited BID
renewal. A BID period can only last a maximum of 5 years and Your
Eastbourne BID Limited will be moving into the final year of the 5
year BID cycle in September 2023 and it is due to end in September
2024. If the BID Company wants to continue its activities it must
hold a new ballot. Your Eastbourne BID Limited have confirmed they
want to host a second ballot in July 2024.

Content

(Key
decision):
 
(1)
To approve the BID ballot and the Council’s
Returning Officer (as ‘ballot holder’) to proceed with the
ballot.
 
(2)
To give the Director of Finance and Performance
delegated authority to
vote in the ballot on behalf of the
Council.
 
(3)
To give the Director of Finance and Performance
delegated authority to
approve the BID proposal and Operating
agreement.
 
(4)
To agree the expected costs of the ballot (c.£5,485)
will be
met by the Council.
 
(5)
To agree that the Council will pay the estimated
annual BID levy cost (c.£10,197) for Council owned
properties within the BID
boundary.
 
(6)
To note that the Council’s reasonable costs of
collecting the levy and the associated financial management costs
will be recoverable from the BID levy
monies.
 
(7)
To note that the Council’s Returning Officer is
permitted to delegate his responsibilities to others and that he
has engaged the services of Civica to undertake the ballot
on his behalf.