Agreed:
RECOMMENDED that Council:-
(1) votes in favour of continuing the InExeter Improvement District (BID) in the forthcoming ballot in November 2024;
(2) approves a budget of £7,000 to undertake the ballot to be funded from General Fund reserves;
(3) agree for the Portfolio Holder for Corporate Services and City Centre to continue sitting on the InExeter Board, with support from the Service Lead for Net Zero & Business, to oversee the interests of the City Council and wider city centre through activity undertaken by InExeter;
(4) supports an amendment of the BID boundary to exclude West Street, Bartholomew Street West, and New North Road;
(5) charge InExeter in collecting the BID levy, calculated at £12,000 + VAT per annum per year; and
(6) agree for the Service Lead for Net Zero & Business to draw up contingency plans, to be implemented in the result of a no vote in November 2024.
Reason for Decision: As set out in the report.