Resolved
(1) That the steps required in the process leading to Banbury BID’s renewal ballot be noted.
(2) That authority be delegated to the Assistant Director – Growth and Economy; the Assistant Director – Finance, and the Council’s Monitoring Officer to review the draft Business Plan submitted by the BID in order to enable the Plan to be approved as compliant with the relevant BID legislation within the required timescale; or reject it, in which case, it would not be possible to proceed with the renewal ballot.
(3) That authority be delegated to the Assistant Director of Finance, as the Council’s s.151 officer, to determine the Levy Collection Fee per annum for the next five year term and negotiate as required with the BID.
(4) That authority be delegated to the Assistant Director - Growth and Economy, in conjunction with the Assistant Director of Finance and the Council’s Monitoring Officer, to enter into and amend any agreements, legal or contractual, between the Council and the BID, including the Operating Agreement; Data Sharing Agreement; and Baseline Statement.
(5) That it be agreed that all of the Council’s Eligible Votes be used to vote in favour of the Banbury Bid at the forthcoming ballot.
(6) That authority be delegated to the Corporate Director - Communities to cast the votes on behalf of the Council in the renewal ballot.