Cab 19 Nov 2015 Item 08 Loughborough Business Improvement District - Second Term

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Risk Management The risks associated with the decision Cabinet is asked to make and proposed actions to mitigate those risks are set out in the table below. Risk Identified Likelihood Impact Risk Management Actions Planned Ensuring that the BID Proposal does not conflict with any existing local authority policy nor propose a disproportionate burden on particular business by way of an unfair levy charge on a certain ‘class’ of levy payers, or an inappropriate manipulation of the BID boundary. Unlikely Moderate The BID Proposal will be considered in relation to the Councils policies in advance of going to the ballot Consideration will also be given to charge levels and proportion The proposal will be reviewed to ensure that there is no inappropriate manipulation Consideration would also be given to the proposal in line with guidance provided. Failure to have an updated rating list holder for the provision of Rating List data. (The local authority is required to prepare a document (from its business rate records) showing the name of each business ratepayer within the boundary.) Failure to manage the Ballot in line with regulations Schedule 2 BID regulations. The local authority is required to ensure the ballot is operated in line with the BID regulations. Crime and Disorder Unlikely Unlikely Moderate Good practice guidelines will be followed in line with the timetable included in this report; When the Valuation Office Agency updates the ratings list, any changes that have occurred during the consultation period will be forwarded to the BID proposer so that it can be reflected in the voter list where appropriate. The final update should be the last Valuation Office Agency update before the Notice of the Ballot. Moderate The responsibilities and proposed time line will be added to service plans to be delivered under Service Director delegation. In the BID’s existing business plan reducing crime and disorder and specifically reducing retail crime has been a priority. The BID continues to play a key role in 4
supporting the work of the Crime and Safety Partnership with a focus on reducing retail related crime and antisocial behaviour in Loughborough town centre. The BID currently subsidises the cost of a number of initiatives all aimed at reducing crime and disorder. These include Retail Radio, intelligence sharing, and training initiatives, assisted by a web based communications tool called DISC. While it is not appropriate to pre-empt what the businesses will want to include in a business plan to inform a second term of the BID it can be noted that Crime and Safety has consistently been a priority with the National companies. Key Decision: Background Papers: Officers to contact: Yes Cabinet Report 9th June 2011 Loughborough Business Improvement District (BID) Sylvia Wright Head of Leisure and Culture 01509 634658 Sylvia.Wright@charnwood.gov.uk 5
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Cab 19 Nov 2015 Item 08 Loughborough Business Improvement District - Second Term

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