Ulverston’s Business Improvement District (BID) has secured a fresh five-year term following a successful postal ballot. The renewal signifies continued investment and collaborative efforts aimed at enhancing the town’s commercial landscape and supporting local businesses. This decision ensures the BID can carry on its vital work in promoting Ulverston as a vibrant destination.
Ulverston BID secures five-year extension
Ulverston’s Business Improvement District has been successfully renewed for another five years, following a 28-day postal ballot. The ballot, administered by Civica Election Services, saw a majority of local businesses vote in favour of the BID’s continuation. This outcome allows the BID to continue its initiatives aimed at improving the town centre and supporting its business community.
Ballot results at a glance
The renewal was confirmed based on a clear mandate from the voting businesses. The key figures from the ballot are as follows:
- Total votes cast: 131
- Aggregate rateable value of votes cast: £3,363,450
- Votes in favour of renewal: 78
- Aggregate rateable value in favour of renewal: £2,306,800
A clear mandate for continued improvement
The results demonstrate strong support for the Ulverston BID. The proposal was approved by a majority of business ratepayers who voted, both in terms of the number of votes cast and the aggregate rateable value of the properties represented. This dual majority underscores the widespread belief among Ulverston’s businesses that the BID plays a crucial role in the town’s economic vitality.
What this means for Ulverston
The renewal of the BID ensures that Ulverston will continue to benefit from targeted projects and services designed to enhance the business environment. These initiatives often include town centre improvements, marketing campaigns, events, and support for local enterprises. The continued operation of the BID is expected to foster a more attractive and prosperous town for both businesses and visitors over the next half-decade.
Sources
- Ulverston Business Improvement District renewed – Business Crack, Business Crack.
