Graham Farrant, Chief Executive of BCP Council today announced that the ballot for Poole BID’s second term has been successful with 73% of levy payers voting yes.
This vote allows Poole BID to operate for a second term, which will run from July 1st 2021 through to June 30th 2026.The BID ballot had to meet two key criteria. A simple majority of over 50% of those voting must vote in favour, and those ‘yes’ votes must represent a majority of the total rateable value of all of the levy paying businesses eligible to vote.
On hearing the news, Poole BID Chairman James Croker said: ‘I am delighted that the levy payers have voted yes and put their confidence in our organisation for a second term. The current BID team of Jacqui Rock and Christina Pengelly have donea great job engaging with levy payers and this vote is a credit to their hard work on behalf of all Poole businesses.
’Poole BID’s second term will focus on delivering the commitments made in the 21/26 Business Plan, published in advance of the ballot. Three key elements Enhance, Promote and Support were identified in two independent surveys undertaken for thePoole BID and will form the basis of the next five years’ operations.
Jacqui Rock, Poole BID Lead looks ahead to the coming 5-year term. “We acknowledge that it is hard to satisfy the many diverse requirements of Poole’s wide- ranging businesses and there have been obstacles along the way – not least the ongoing pandemic. Now that we have the clear support of the majority of businesses for a second term, my job will be to deliver the services outlined in the 21/26 Business Plan. Together with my Operations Manager, Christina Pengelly I am looking forward to helping Poole businesses fulfil their potential.’
Councillor Philip Broadhead added, ‘Poole BID is a valued element in BCP Council’s vision for the future of the town and I am pleased that the ballot returned a yes vote to allow it to continue to operate for a second 5-year term. As an independent organisation representing Poole’s businesses it provides valuable information on the needs of the area and it holds us to account on the services we deliver.’ He continued, ‘On behalf of BCP I congratulate the team that delivered this yes vote and look forward to the continuation of our mutually beneficial working relationship.’