Third term for Inverness Business Improvement District
Inverness businesses have voted for the Inverness Business Improvement District (BID) to continue for a third term and a further five years from 1 April 2018 – 31 March 2023.
In 2008, the yes vote for the creation of Inverness BID made Inverness the first city in the world to incorporate property owners as well as businesses in a business improvement district. In 2013 voters elected to continue Inverness BID for a second term.
Ballot papers for the Inverness BID election were issued to 652 voters on Thursday 8 February and the businesses have been voting for the past six weeks.
The count was held today Friday 23 March and the ‘yes’ result declared by Depute Ballot Holder, David Sutherland, Elections Manager of The Highland Council and independent scrutineer, for the Electoral Reform Services, London.
The new BID will become operational from 1st April 2018, when all businesses and property owners will pay a levy that goes towards improvement projects. BID projects are driven by the directors of Inverness BID company who are elected by local businesses.
The Inverness BID Business Plan for 2018 - 23 is available by contacting Inverness BID Ltd, 111 Academy Street, Inverness email info@inverness.uk.com or phone 01463 714550.