Businesses vote an overwhelming ‘YES’ to continue Enjoy Wolverhampton City Centre’s BID
Wolverhampton City Centre businesses have voted ‘YES’ in a ballot in favour of continuing the Wolverhampton Business Improvement District (BID). Initially voted for in 2015 Wolverhampton BID, under the branding ‘Enjoy Wolverhampton’ has delivered a full range of improvements in the city centre over the past 5 years and hoped to continue to do so. BID’s legally can last for up to 5 years, so the BID team and Directors are extremely excited to have received such strong business support to continue and develop their services.
Results announced by Electoral Reform Services on Friday 25th October showed that 78% of those businesses who voted were in favour of the BID.
The vote gives the go-ahead for the Business Improvement District to drive forward their 2020 to 2025 Business Plan and secures £2.6 million of investment in the city centre over the next five years.
Iain Watkins, Chair of the Wolverhampton BID Board and Associate Director – Information & Data Management for the Grand Theatre said: As Chair of the Wolverhampton BID I am very happy to be confirming that the renewal ballot has been successful. This means that businesses in the BID area, including some new ones previously outside the catchment, can now look forward to enjoying the benefits of the Business Improvement District being in place for another five years.
As well as key service provision continuing including CCTV, the Ambassadors, business support, we can look forward to a developing strand of events and the return of the WIRE awards, while the BID will also maintain its important role in helping to overcome some of the challenges facing the city centre. I’d like to thank everybody who has voted positively for the renewal and of course the BID staff whose hard work has helped improve the experience of everyone visiting, working in or running a business in the city. The Board of Directors very much look forward to exploring new ways that we can support the development of Wolverhampton city centre in the coming years.
Cherry Shine, BID Director added “I am delighted by the fantastic support we have received from the business community who have been heavily involved in shaping the BID’s plans for 2020 to 2025. Our work over the past 5 years has translated into actions with cleaner streets, brighter Christmas light displays, seasonal events including Enjoy Wolverhampton Live, Seaside in the City and the Christmas Grotto bringing additional footfall into the city and strong marketing of the city centre and its businesses to an ever-increasing audience. Our Ambassador team are part of city life and CCTV surveillance and strong partnership working with West Midlands Police continue to make our city centre attractive and welcoming.”
The confidential, postal BID Ballot was run for 28 days in September and October, ending on 24 October. Organised by the independent Electoral Reform Services (ERS), the BID ballot papers were sent out to all eligible voters in the City Centre BID area.
Detailed figures for the vote were as follows:
- Yes by Number: 78%
- Yes by Rateable Value: 78.6%
A majority in terms of votes cast and rateable value is legally required for a BID to be voted in.