1. To note
that the Business Improvement District (BID) Proposal and supplementary
documents from the Bangor Business Improvement District Area Company had been
received from the Council and that they complied with the Regulations;
2. That the
Cabinet instructs the Returning Officer to hold the Bangor BID vote;
3. To
approve the financial arrangements and implications noted in Part 3 of the report;
4. To
delegate the right to the Cabinet Member for the Economy to vote on behalf of
the Authority in the BID ballot;
5. If the
ballot is successful in Bangor, and in accordance with the Business Improvement
District (Wales) Regulations 2005, to delegate the right to the Head of Economy
and Community, in consultation with the heads of the following departments to
approve the final version of the Operational Agreement and the Baseline
Agreement and complete the Agreements in accordance with the Council’s
arrangements:
•
Environment
• Highways,
Engineering and YGC
• Legal
• Finance.