BID presentation, 24/05/11   thebestofexeter Briefing @RealFoodExeter
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BID presentation, 24/05/11 thebestofexeter Briefing @RealFoodExeter






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BID presentation, 24/05/11 thebestofexeter Briefing @RealFoodExeter Presentation Transcript

  • 1. John Harvey City Centre Manager Exeter BID Business Briefing 24 May 2011 – @RealFoodExeter Delivering Further Change & Renewal Empowering Businesses
  • 2.
    • BIDs… Local Taxation – Spent Locally
    • Business Rates… Local Tax on business – Spent Nationally
    • Exeter BID Area
    • Hereditaments
    • Voting
    • Proposed Exeter BID Term
    BIDs – The Technical Stuff
  • 3.
    • Strengthen local leadership
    • Engage with ALL local businesses
    • Deliver more effective business voice
    • Increase consumer confidence
    • Increase business confidence
    • Deliver visible and measurable outcomes – ‘seeing is believing’
    What Do BIDs Deliver?
  • 4.
    • The Exeter BID will…
    • Attract more visitors, more shoppers and more investment
    • See improvements across the City Centre – from Fore Street to Sidwell Street & everywhere in between
    • Help City Centre businesses recruit and retain staff in a competitive marketplace
    What Will Exeter BID Deliver?
  • 5.
    • The Exeter BID will…
    • Deliver a City as welcoming and vibrant at 10 at night as at 10 in the morning
    • Deliver a cleaner, greener and safer City Centre
    • Make first impressions count – and make sure that they’re great ones!
    What Will Exeter BID Deliver?
  • 6.
    • The ‘Big Idea’… …’Area Based Grants’
    • Up to £120,000 annually…
    • Investing in independents…
    • Celebrating the uniqueness of City Centre quarters
    • Devolving power… Delivering engagement…
    What Will Exeter BID Deliver?
  • 7. Exeter BID – ‘The Money Thing’ The levy… 1.5% of the rateable value All other businesses 1.0% of the rateable value Businesses already paying higher service charges in: Guildhall Shopping Centre Harlequins Shopping Centre Princesshay Shopping Centre Southernhay Gardens No payment Businesses with rateable values under £10,000
  • 8.
    • Annual budget of £735,000
    • Businesses drive priorities for spending…
    • Businesses will achieve greater benefits from pooling resources and effort…
    • No more than 10% of levy to be spent on administration
    Exeter BID – ‘The Money Thing’
  • 9.
    • What will it cost me?
    • I already pay rates – why should I pay more?
    • If I vote against the BID can I opt out of paying the levy?
    • How can I influence the BID?
    • Does this let the public sector off the hook?
    • How the BIDs impact be measured?
    • Who is promoting the Exeter BID?
    • … and
    Often asked questions…
  • 10.
    • Where are BIDs already operating successfully?
    Often asked questions…
  • 11. Contacts: e-mail – [email_address] [email_address] John Harvey 07885 760 496 Exeter BID Office 01392 431 133 Twitter – Website -