Common use of Business Improvement District Schemes Clause in Contracts

Business Improvement District Schemes. A Business Improvement District (BID) scheme applies across Durham City centre. The scheme is funded by a BID levy paid by city centre non-domestic ratepayers. The council acts as the billing authority for the scheme (collecting and distributing the levy income). The BID levy income is revenue due to The Durham BID Company Limited (the BID body) and as such the council has nothing to show in its Comprehensive Income and Expenditure Statement, since it is collecting the BID levy income as an agent on behalf of the BID body.

Business Improvement District Schemes. A Business Improvement District (BID) scheme applies was applied across Durham City centre. The scheme is funded by a BID levy paid by city centre non-non- domestic ratepayers. The council Council acts as the billing authority for the scheme (collecting and distributing the levy income). The BID levy income is revenue due to The Durham BID Company Limited (the BID body) and as such the council Council has nothing to show in its Comprehensive Income and Expenditure Statement, Statement since it is collecting the BID levy income as an agent on behalf of the BID body.

Business Improvement District Schemes. A Business Improvement District (BID) scheme applies was applied across Durham City centre. The scheme is funded by a BID levy paid by city centre non-non- domestic ratepayers. The council Council acts as the billing authority for the scheme (collecting and distributing the levy income). The BID levy income is revenue due to The Durham BID Company Limited (the BID body) and as such the council Council has nothing to show in its Comprehensive Income and Expenditure Statement, since it is collecting the BID levy income as an agent on behalf of the BID body.