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.

Decision

(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.