YES Vote For Weymouth BID
1:01pm 3rd June 2013
(Updated 7:13am 4th June 2013)
It’s a YES Vote for the Weymouth BID.
The ballot results have just been released and that means the town will become a business improvement district.
That means all companies within the catchment area will now have to pay a levy.
The money will then be spent on projects to boost the town centre.
Over 500 businesses were eligible to vote in the BID Ballot which closed on 31 May. All businesses with a rateable value of £6,000 and above within the Weymouth BID area were entitled to vote.
The BID achieved a 69% (189) YES vote on a turnout of 46% (274).
Nigel Reed Chair of the Weymouth BID said “This is excellent news for Weymouth and a big thank you to those that supported the vote. We have made it happen and particular thanks to the Steering Group, Council and all those businesses that helped in the process.”
Weymouth and Portland Borough Council Economic Development brief holder Cllr Ian Munro-Price said “It is fantastic news that businesses of Weymouth have voted ‘yes’ to becoming to a BID town. I would like to congratulate everyone involved for their hard work. Businesses working together as part of a BID will be a good step forward to further improving the town centre and to encourage more visitors to the town and people to shop locally and keep money in the town. I wish the BID every success for the future in developing and delivering their business plan for the borough and the council look forward to working closely with them”