FAQS – YOUR QUESTIONS ANSWERED
There are over 250 successful BIDs in the UK including neighbouring Chichester, Worthing and Brighton all working to promote their town centres to our residents. The evidence that BIDs work is that nine out of ten BID renewal ballots are successful, meaning businesses have overwhelmingly voted to continue their BIDs.
BIDs really do work!
Business /Organisation Category
Bognor Regis Traders’ Association: Business Representative
Chamber of Commerce: Business Representative
William Hardwicke: Food & drink
University of Chichester: Independent
Reynolds: Independent Retail
Condor Blinds: Independent Retail
Unique Workwear: Independent Retail
Butlin’s: Leisure& tourism
Dream Fitness: Leisure, culture & tourism
Boots: Multi National Retail
Wilkinsons: Multi National Retail
Morrisons: Multi National Retail
Vacant: Observer Representative
Bognor Regis Town Council: Public Sector
Arun District Council: Public sector
Bognor Regis Regeneration Board: Public/Private Partnership
Vacant: Non Levy Paying/Voluntary Contribution Representative
Minutes of the Shadow BID Board meetings can be found here:
Sept 2017 Shadow BID Board TCM Minutes 14.09.17
The BID is paid for by a levy on businesses rates within the defined BID area. The levy will be 1.5p in the pound of the rateable value of the property as at 1st April 2017. Businesses with a rateable value below £6,000 will not be charged!
In the Bognor Regis BID, most businesses will pay less than £250 per year. Collectively this will mean over £140,000 per annum and £700,000 over five years to invest in your town centre on your priorities!
Ballot Papers will be sent to those eligible to vote on Monday 5th June 2017 for return to them by no later than 5pm on Monday 3rd
July 2017. Those eligible to vote in the ballot will be those ratepayers listed on the National Non-Domestic Rate (NNDR) payers database for
each eligible hereditament (business premises) situated within the geographical area of the proposed BID, with a rateable value of £6,000 or more, and not is not exempt.
The number of eligible hereditaments/properties identified to vote from the NNDR list as at 1st April 2017 is 293. Each person entitled to vote has one vote for each occupied hereditament or (if empty) owned by him or her in the geographical area of the proposed BID. Some businesses may be receiving multiple forms where they occupy/own more than one eligible property in the BID area.
If the majority vote “YES”, the BID will be established in April 2018 and run for 5 years until 2023. Look out for your ballot papers arriving in early June.
It’s Your BID and It’s Your Choice – Vote YES!
The current town centre management initiative will end in 2018. There is no budget and no plan to continue this vital work without a BID. This BID proposal would continue the momentum and help the town to reach its potential. Don’t lose this opportunity for another generation – Vote YES and take control