Monday, 23 February 2015

Penzance BID proposal goes to the Vote


The Penzance BID postal ballot is underway. Ballot papers were posted to businesses last Thursday and the deadline for return is 5 pm on 26 March with the announcement due on 27 March.

Businesses are voting whether to say 'yes' to a BID levy of 2% of their rateable value (not rates payable) for 5 years to fund a range of projects laid out in the BID Business Plan (download here). If the result is 'yes' then the Penzance BID is due to start with a BID manager in place on or about 1 June 2015.