Decision details

To receive details of financial and other resource impacts likely to arise from any decision by Cheltenham Business Partnership to implement a Business Improvement District (BID)

RESOLVED THAT

1.    the principle of a  Business Improvement District (BID)  in central Cheltenham be supported

2.    authority be delegated to the Managing Director Place and Economic Development in consultation with the Cabinet Member Development and Safety to make decisions in respect of the Council’s obligations under the BID legislative process to the Managing Director Place and Economic Development

3.    the current predicted financial shortfall in the BID process be noted and officers be requested to identify a suitable solution to be reported to the Cabinet Member Development and Safety.