BID ballot definition
Examples of BID ballot in a sentence
This applies irrespective of whether or how a business has voted in the formal BID ballot.
The term of the BID Company will not be greater than 5 years from the date of the announcement of the BID ballot result.
In the case of an empty or untenanted premises, the property owner (the subsequent eligible ratepayer) will be liable for the BID levy with no void period, and will be entitled to vote in the BID ballot.
The costs of the BID ballot, if successful, will be met by Lambeth Council.
These rules explain who is entitled to vote in the BID ballot, who is liable for the ▇▇▇ ▇▇▇▇, when levy payments should be made, and the circumstances which permit exemptions.
Voluntary BID contributors would be welcomed, although will not be entitled to vote in the BID ballot.
The Welwyn ▇▇▇▇▇▇▇▇ Borough Council’s support for the BID will take practical shape in the following specific ways: • Conducting, through the council’s Democratic Services, the formal BID vote in accordance with current BID legislation and procedures • Assuming a positive outcome to the BID ballot, collecting the BID levy defined in the BID Proposal and Business Plan from Welwyn Garden City businesses and transferring the levy sums direct to the Welwyn Garden City BID Company.
The estimated total amount of income (from BID Levy payments) to the Council is approximately £450,000 per annum (this is a projected figure based on information at time of going to BID ballot and is subject to change).
In this event, the registered business ratepayer will be entitled to vote in the BID ballot.
Where hereditaments are unoccupied at the time of the notice of ballot, the owner will be entitled to vote in the BID ballot.