Issue - meetings

To consider a report of the Cabinet Member for Economy & Regeneration.

The report outlines the process for Stockport Town Centre Business Improvement District (BID) to carry out a ballot in October 2021 and explains the specific role of the Council and its responsibilities in relation to the ballot.

The Cabinet is recommended to:-

(1) Delegate authority to the Cabinet Member for Economy & Regeneration to:

(i)           On the basis of the draft Business Plan, the Council would not wish to veto the BID proposals. Note: the Council is not required to formally agree any BID proposal, rather it can only veto BID proposals if they are contrary to formally adopted and published Council policy.

(ii)          That, subject to agreeing not to veto the final proposals, the Chief Executive as Returning Officer and “Ballot Holder” agrees to hold a ballot for the proposed Stockport Town Centre BID, upon receipt of a formal request to do so by Stockport BID.

(iii)        Casts the Council’s vote in the BID Ballot should it take place.

(2) If the Ballot takes place and is successful, agree to:

(i)           Allocate annual funds to cover the Council’s obligations arising from the BID levy over the life of the BID (5 years).

(ii)          Agree to annually pass on to the BID Company the total value of the funds collected through the levy.

Officer Contact: Paul Richards on 0161 474 2940 or email: paul.richards@stockport.gov.uk

The Deputy Leader of the Council and Cabinet Member for Resources, Commissioning & Governance (Councillor Tom McGee) submitted a report (copies of which had been circulated) detailing the process for the Stockport Town Centre Business Improvement District (BID) to carry out a ballot in October 2021 and the specific role of the Council and its responsibilities in relation to the ballot.

RESOLVED - (1) That authority be delegated to the Cabinet Member for Economy & Regeneration to:-

(i)            On the basis of the draft Business Plan, the Council would not wish to veto the BID proposals. Note: the Council is not required to formally agree any BID proposal, rather it can only veto BID proposals if they are contrary to formally adopted and published Council policy.

(ii)          That, subject to agreeing not to veto the final proposals, the Chief Executive as Returning Officer and “Ballot Holder” agrees to hold a ballot for the proposed Stockport Town Centre BID, upon receipt of a formal request to do so by Stockport BID.

(iii)         Casts the Council’s vote in the BID Ballot should it take place.

(2) That should the Ballot takes place and be successful, it be agreed to:-

(i)            Allocate annual funds to cover the Council’s obligations arising from the BID levy over the life of the BID (5 years).

(ii)               Agree to annually pass on to the BID Company the total value of the funds collected through the levy.

To consider a report of the Corporate Director (Place) and Deputy Chief Executive

The report outlines the process for Stockport Town Centre Business Improvement District (BID) to carry out a ballot in October 2021 and explains the specific role of the Council and its responsibilities in relation to the ballot.

The Scrutiny Committee is requested to comment on the report, the Stockport Business Improvement District’s Business Plan and the proposed recommendations to Cabinet.

Officer Contact: Paul Richards on 0161 474 2940 or email: paul.richards@stockport.gov.uk

The Corporate Director (Place) and Deputy Chief Executive submitted a report (copies of which had been circulated) outlining the process for Stockport Town Centre Business Improvement District (BID) to carry out a ballot in October 2021 and explained the specific role of the Council and its responsibilities in relation to the ballot.

The Cabinet Member for Economy and Regeneration (Councillor David Meller) attended the meeting to respond to questions from the Scrutiny Committee.

RESOLVED – That the report be noted.