Issue details

Herefordshire County Business Improvement District Advance Request

To seek approval for an advance loan of up to £210,000 in 2022/23 to the Herefordshire County Business Improvement District (BID) Limited to enable the company to become operational until such time as the council (as the billing authority) can commence collection of the 2% business rates levy.

Decision type: Key

Reason Key: Expenditure and strategic nature / impact on communities;

Decision status: Recommendations Approved (subject to call-in)

Wards affected: (All Wards);

Notice of proposed decision first published: 26/04/2022

Decision due: 26 May 2022 by Cabinet

Lead member: Cabinet member environment and economy

Lead director: Corporate Director – Economy & Environment

Department: Economy and Environment

Contact: Roger Allonby, Head of economic development Email: Roger.Allonby@herefordshire.gov.uk Tel: 01432 260330.

Decisions

Agenda items

Documents

  • Herefordshire County Business Improvement District Advance Request