Proposals for a new business improvement
district within Westminster.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: St James's; Vincent Square;
Notice of proposed decision first published: 01/03/2018
Decision due: Before 23 Mar 2018 by Cabinet Member for Finance, Property and Corporate Services
Lead director: Executive Director of Regeneration, Economy and Planning
Contact: David Wilkins, Head of Smart City Delivery Email: dwilkins@westminster.gov.uk.
List Documents for Submission: A copy of BID proposals A summary of the consultation it has undertaken with those liable to pay the BID levy; A summary of the proposed business plan to include estimates of cash flow, predicted revenue and expenditure, the predicted budget and the contingency margin included in the budget; The financial management arrangements for the BID body and the arrangements for periodically providing information to the City Council on the finances of the BID; Information to satisfy the City Council that it has sufficient funds to meet the costs of the ballot in case the BID is required to meet the ballot costs.