1. To note
that the Business Improvement District (BID) Proposal and supplementary
documents from the HWB Caernarfon Company have been received by the Council and
that they comply with the Regulations;
2. That the
Cabinet instructs the Returning Officer to hold the Caernarfon
BID ballot;
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 Caernarfon, 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.