Decision details
NWEC Property & Occupier BIDs Renewal Ballots
Decision Maker: Cabinet Member for Business and Planning
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
New West End Company Property & Occupier
BIDs Renewal Ballots
Decision:
Summary of Decision
- That the NWEC’s Occupier and Property Owner BIDs’ Renewal & Alteration Proposal be endorsed.
- That the Chief Executive be requested as the City Council’s Returning Officer and “ballot holder” to hold a ballot for NWEC’s Occupier and Property Owner BIDs’ Renewal & Alteration Proposal be approved.
Reasons for Decision
NWEC has a strong collaborative relationship with the City Council. Notable achievements over the last three years include:
· Securing ‘International Centre’ policy status for the district in the West End
· 50% fewer buses on Oxford Street & Regent Street
· £150m Oxford Street improvement plan confirmed in 2019 following a complex cross party working and advocacy campaign
· £10m Bond Street Scheme completed
· £2m extra funding raised for the £12m transformation of Hanover Square
· £18m East Mayfair public realm enhancement programme secured with partners
· £10m additional non-BID levy raised and re-invested into the area
· £20m in local business rates relief fund returned in 2018 to West End businesses through our advocacy and facilitated through Westminster City Council
· Implemented a pilot West End freight and waste consolidation service which reduced number of waste vehicles in East Mayfair by 17.5%
· £60m district reputation media coverage reaching 250m people locally & globally
It is anticipated that NWEC will continue to play an active part in the joint working arrangements Westminster has set up for BIDs to liaise with City Council members and officers, to enable new ideas, plans and initiatives of mutual concern to be discussed prior to public launch. Officers will also continue to encourage NWEC as with all BIDs to work collaboratively with each other on joint initiatives so as to avoid duplication of resources and contact with the City Council.
This report describes the Proposal that has been submitted by NWEC to secure a further five-year term for their Occupier and property Owner BIDs. These do not conflict with City Council policies.
Stuart Love,
Chief Executive,
Westminster City Hall,
64 Victoria Street
LONDON SW1E 6QP
Publication Date:
|
21 December 2020 |
Implementation Date:
|
21 December 2020 |
Reference:
|
CMfB&P/12/2020/21 |
Publication date: 21/12/2020
Date of decision: 21/12/2020
Accompanying Documents: