Over the last five years’ BID has been instrumental in delivering business support, lobbying, cleaning, training, problem-solving, and improvement works in the city centre. Our work has become even more important as businesses deal with the fallout of a global pandemic in 2020.
Newry BID has now commenced its revote strategy for Term Two. If levy members do not vote to retain the BID, it will be dissolved at the end of March 2021.
The BID is funded through a 1.5% levy on business rates bills for all those who fall within the area and have a NAV in excess of £5,000. It is the aim of BID Manager Eamonn Connolly to increase the return for members by also leveraging significant grant support and funding from other sources including awards.
In October and November, Newry BID embarked on a consultation with levy-paying members. The aim was to ascertain what the key themes and concerns for the year ahead are. There is still an opportunity for members to contribute to this consultation by completing the survey via the following link. https://eamonn914065.typeform.com/to/sghxJhoM
The key themes emerging for the next term will be added to this page early in the new year.
There are a number of rules around the Revote and it is governed by legislation. Full details will be available in the Term 2 Business Plan which will be live via this link in early January 2021.
The ballot will be conducted via a postal vote.
In order for the proposal to be successful at the ballot, the result will need to meet, as a minimum, three independent criteria which are:
(a) of those ballots returned by the close of the postal ballot (on Thursday 25th March 2021 at 5pm) those voting in favour of the BID must exceed those voting against it,
(b) of those ballot papers returned by the close, the total rateable value of those hereditaments which vote in favour, must exceed the total of those voting against and
(c) at least a 25% voting turnout.
The ballot will be conducted independently by Newry Mourne and Down District Council (or their appointed agent) and will be a confidential postal vote. If a business has more than one rateable property it will receive a ballot paper for each property. Each returned paper counts as one vote. A proxy vote is available, and details will be sent out with the ballot papers.
Newry Mourne and Down District Council will announce the result on Friday 26th March 2021. If successful at the ballot, the new BID term will commence delivery of services on 1 April 2021 and will continue for a period of five calendar years to 31 March 2026 carrying out the themes within this proposal. At the end of the five-year term, eligible voters will be asked to vote on a further BID proposal.