The Business Improvement District will last for a five year period. The proposed income and expenditure breakdown for the proposed Business Improvement District are detailed here.
All businesses that pay non-domestic rates on Winsford Industrial Estate will be affected, including new business developments. A list of the businesses on the Local Authority ratings list who will receive a BID levy can be found in appendix one of the business plan. No relief is being offered to businesses, charities or particular sectors. The cost applied to each business will be done so on a banding system. Click Here to see the bandings.
Where changes in local circumstances occur, programme
budgets can be altered by the managing agent, with the approval
of the Executive Committee (within the financial regulation
approved by the members) or by a majority vote of the members
of the Winsford 1-5 Group at a scheduled or extraordinary
meeting of members.
The budget proposes to develop a surplus by way of a contingency.
The partnership of Groundwork, Vale Royal Borough Council,
Cheshire County Council and the Winsford 1-5 group are committed
to delivering a cost effective bid. Where this commitment
results in the surplus exceeding £20,000, and subject
to Winsford 1-5 Business Environment Group members approval,
any surplus over £20,000 will either be:
1. Returned by way of a rebate to companies. The rebate
would be offered pro rata against the banding into which
the
company falls and the length of time the company has been
on the estate. Where approved, rebates will be issued at
the
end of years 2, 3, 4 and 5.
2. Used to bring forward and finance planned projects as
entified within the business plan or BID proposal.
The Business Improvement District (BID) arrangements would begin after a positive vote in November 2005. The funding for the BID arrangements to be put into place in time for the BID proposal to begin delivering services on the 1st April 2006 is already secured from ENWORKS/NWDA, Vale Royal Borough Council and Cheshire County Council. The Business Improvement District proposals are timed to last for five years between the 1st April 2006 and the 31st March 2011.
Business who currently pay a voluntarily subscription towards the Winsford 1-5 Business Environment Group will not be requested to make payments into the Winsford 1-5 Business Environment Group bank account once the Business Improvement District has become operational in April 2006.
To ensure that the Business Improvement District does not fund any statutory services provided by the Local Authority, a number of baseline commitments have been provided by Vale Royal Borough Council and Cheshire County Council. These baselines relate to:
Copies of these agreements can be obtained from Groundwork Macclesfield & Vale Royal.



