BID Information
General Meeting:
Wed 21st July 4.30pm
Dressing Room, Corn Exchange
Democratic 5 minutes: address any questions to the Board before the meeting.
A BID is not...
- a bid in the sense of a bid for a lottery grant
- anything to do with an auction
- a record attempt
The term BID is used simply as being short for Business Improvement District
|
|
|
|
|
||
|
|
|
|
||
|
||
What is a BID?
A Business Improvement District is a precisely defined geographical area within which the businesses have voted to invest collectively in local improvements to enhance their trading environment.
BIDs do not affect the level or quality of service provided by the local authority to the area. A BID is initiated, financed and led by the commercial sector, providing additional or improved services as identified and requested by local businesses, to the baseline services provided by the local authority in that area.
For more information on BIDs try the following links:
also... try putting Business Improvement District into Google UK
