Proposed BID (Business Improvement District) Scheme – Local Government Act 2001 as amended by the Local Government (Business Improvement Districts) Act 2006
A proposal to establish a Business Improvement District (BID) and approve the implementation of a BID Scheme has been received from the Drogheda Business Improvement District CLG in respect of the former administrative area of Drogheda Borough Council and an area north of Drogheda as defined in the map contained in Appendix 2 of the proposal.
The purpose of a Business Improvement District is to enable the ratepayers within the boundaries of the proposed BID to draw up a scheme of projects, services and works which are additional to those provided by Louth County Council and will be carried out for the benefit of the BID District.
If the Local Authority approves the proposal, having first conducted a plebiscite of local ratepayers, the BID Scheme will last for five years and be financed by an annual BID contribution levy imposed on and collected from ratepayers of rateable properties within the proposed BID area.
The key objective of this BID Scheme is to continue to develop and implement a series of new and additional initiatives designed to both further promote and improve the trading environment for the area within the proposed BID area in which the ratepayers operate their businesses.
A map of the proposed BID area, as defined in Appendix 2 of the proposal, is on public display as indicated below.
The BID Proposal may be inspected at the offices of Louth County Council, County Hall, Millennium Centre, St. Alphonsus Road, Dundalk, Co. Louth, A91 KFW6 and Louth County Council, Civic Offices, Fair Street, Drogheda, Co. Louth, A92 P440 from 9.00am on Wednesday, 1st May 2019 to 5.00pm on Thursday, 30th May 2019 (excluding weekends and Bank Holidays).
The BID proposal and map is also available under the ‘Latest News’ and ‘Economic Development’ sections on www.louthcoco.ie.
Submissions in relation to the proposed BID may be made in writing and returned in an envelope clearly marked ‘Proposed BID Submission’ to:
Ms. Colette Moss
Senior Executive Officer
Louth County Council
Closing date for Submissions is 5.00pm on Thursday, 30th May 2019.