To continue reading this article, subscribe to the Stray Ferret for as little as £1 a week
Already a subscriber? Log in here.
10
Jun 2021
Ripon traders have voted in favour of turning the city centre into a Business Improvement District.
BIDs have been set up across the country, including in Harrogate, as a way of creating safer, cleaner and better promoted city and town centres.
In Ripon, more than 280 businesses within a defined area will contribute to an annual budget of £160,000 for improvement projects.
Of the firms who voted during a ballot held over the last month, 80% were in favour.
The plans for a BID have been in the works since 2019 and will generate £800,000 over five years. This will come through an extra levy on top of business rates.
The BID has already won the support of Harrogate Borough Council which has agreed to lend £20,000 for start-up costs and will contribute around £30,000 over the five year period as a levy payer.
Councillor Graham Swift, deputy leader and cabinet member for resources, enterprise and economic development of the council, said the BID will allow businesses to “take control of their own destiny”.
0