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Resolved:
1. 
That the Head of Finance and Revenues be given
delegated authority to instruct the Chief Executive (as Ballot
Holder) to hold the BID Ballot on receipt of the formal request, as
set out in 3.2 of thereport.
2. 
That the Council will not seek reimbursement of the
cost of holding the Ballot from the Proposer as set out in 3.5 of
the report.
3. 
That the statement of existing baseline services
contained in Annex 2 to the report be noted.
4. 
That Cabinet agree that the draft BID Proposals
neither conflict with an existing policy nor proposes a
disproportionate burden on particular
businesses by an unfair levy charge on a certain class of
business, as set out in paragraph 3.13 of the report and that
delegated authority be given to the Chief Executive to make a final
determination on this when the BID Proposals are
published.
5. 
That delegated authority be given to the Head of
Finance and Revenues in consultation with the Portfolio Holder for
Finance and Resources and the Head of Legal and Democratic
Services, to agree the terms of the Operating Agreement
in the event that the BID Proposals
proceed as set out in 4.3 of the report.
6. 
That the BID Proposer be charged £35 per
hereditament or 3% of the annual levy income, whichever is lower
towards the Council’s costs of collecting the BID levy as set
out in 4.4 of the report.