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Renewal ballot and
our plans 2023-2028

Our BID Proposal 2023-28 has been written following consultation with you, our members, and outlines the various services we’ll deliver to support the local business community during our third term. We’re proud of what we’ve achieved since the BID’s inception in 2013, and we have ambitions to continue to make Northbank an even more exceptional place to work and visit with public realm enhancements, area promotion, improved safety and resilience, integration with the wider Westminster community and a commitment to greater environmental sustainability.

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Vision, commitments and core themes

1

Create a more environmentally sustainable business district and tackle climate change in line with the City of Westminster’s ambition for a net zero borough by 2040.

2

Drive the continued post-pandemic recovery by supporting the return of office occupiers to the workplace, reviving international tourism, addressing recruitment challenges in the hospitality sector and helping the local economy adapt to new consumer profiles/behaviour.

3

Maintain our role as an important bridge between the private and public sector, enabling partnerships that drive positive change not only in the BID area but also the wider community.

4

Use the collective strength of ‘London HQ’ – a collaboration with neighbouring south Westminster BIDs – to lobby for continued local and central government investment in the Northbank BID area, keeping London at the forefront of
our economy.

Core themes and deliverables

Cleaning and Greening

Community Safety and Business Resilience

Environmental, Social and Governance

Destination

Placemaking

The ballot process

Businesses in the Northbank BID area will now be asked to vote on whether they endorse this proposal with a simple ‘yes’ or ‘no’ during a formal ballot.

Westminster City Council is responsible for managing the process and their ballot partner Civica sends out a ballot paper to each eligible business on 2nd February. Voting papers must be returned by 5pm on Thursday 2nd March 2023.

For any BID to proceed, two independent outcomes must be satisfied:

  1. Those voting in favour must exceed those voting against in terms of number of votes cast (essentially 51% of votes are ‘yes’).
  2. The total rateable value of those properties/hereditaments voting in favour must exceed the total rateable value of those voting against i.e. the aggregate rateable value of ‘yes’ votes must also be 51% or above.

Remember that voting YES will deliver the services in this plan to your business and the area; a ‘no’ vote would see all of the current provision come to an end.

The result will be announced on Friday 3rd March 2023, and a successful ballot will mean the BID’s next term beginning on 1st April 2023. All eligible businesses will then become liable for the BID levy.

Download BID proposal

Take time to read, understand and consider what this BID Proposal
means to your business and the wider Victoria Westminster area.
The BID Executive Team would be happy to discuss further if you wish.

 

Contact info@thenorthbank.london

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