(1) To endorse the Experience Guildford BID Business Plan 2023-28, as set out in Appendix 2 to the report submitted to the Executive .
(2) To use the Council’s 27 votes to vote in favour of the proposal to renew the experience Guildford Business Improvement District (BID) for Guildford town centre for 2023-2028.
(3) To delegate the decision to vote in the BID ballot to the Leader of the Council.
(4) To note the Council’s business rates levy of £38,289 per annum for 2023-28, to be accommodated within the existing overall budget.
Reason(s):
To secure the long-term economic prosperity of the Town Centre and to continue the effective management partnership developed over the previous 10 years.
Other options considered and rejected by the Executive:
To vote against the renewal of the BID.
Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:
None.