What is a BID?

A Business Improvement District (BID) is an arrangement whereby businesses and organisations in a defined location get together, decide what additional improvements they want to make in their area, how they are going to manage and deliver those improvements and what it will cost them.

This all goes into a Business Plan, which is voted on by all those businesses who would have to contribute and pay the BID levy. BIDs cannot replace or substitute statutory services (those covered by your business rates), provided by Councils by law, but can choose to enhance them or add to them. The BID will demonstrate a return on investment over 5 years.

The organisation and management will be set up so that the achievements and benefits are closely monitored and shared with all businesses. In order for a BID to be established a ballot of eligible businesses in the BID area is held.

For the ballot to be successful, conditions must be met.

  • Over 50% of businesses that vote must vote in favour of the BID
  • Of the businesses that vote those voting yes must represent a greater total rateable value that the ones that vote no. If these conditions are met the BID will be established. The BD levy will be mandatory for all eligible businesses in the BID area.

The RhylBID achieved a yes vote in November 2018.

Percentage Vote 86

Benefits of the BID include:

Annual AGM

Rhyl BID is planning for its Annual AGM, which has been delayed due to Covid-19.  The AGM is scheduled for 14th October, 6.15pm – 7.30pm at Costigan’s Coworking.

Please pre-register to attend the AGM to meet Covid requirements or to receive the virtual link: https://bit.ly/39zBobr

It is important for you to sign up as a Rhyl BID member, in order to secure your voting rights, as well as your right to stand for appointment to the Board, should you wish to do so (please complete the electronic form below)

AGM Terms and Conditions

  • Persons or organisations liable for the payment of the BID Levy are eligible to be admitted to the membership in accordance with the Articles. Every person who wishes to become a Member shall deliver to the Company an application for membership in such form as the Directors shall require executed by him (electronic form below).
  • No person shall be admitted as a Member unless he/she supports the aims and objects of the Company and wishes to take an active part in the support and furtherance thereof and his/her application for membership is approved by resolution of the Board. The Board shall not be required or obliged to give reasons for refusal of any application for membership which shall be at the Board’s absolute discretion.
  • No Member shall be entitled to vote at any General Meeting unless any monies then payable by him/her to the Company shall have been paid.