The Love Wimbledon Business Improvement District (BID) ballot result was announced late last week. Wimbledon businesses voted overwhelmingly in favour of implementing this exciting new business-led, business-funded body for Wimbledon town centre.
A quick overview of the results show that 70% of businesses voted in favour of the BID representing 65% of rateable value. Turnout was 36%.
This positive result means that the Love Wimbledon BID will start operating on 1st April 2012. Priorities for the BID include:
Love Wimbledon becomes the 125th BID in Great Britain. Other BIDs include Kingston First, Croydon Town Centre BID and the New West End Company which covers London’s West End.
Paul Windsor, Chairman of the Love Wimbledon BID Campaign and Partner at WSM said “I am delighted that the businesses of Wimbledon have got behind Love Wimbledon and given such a strong mandate to this important business-led initiative. Love Wimbledon will drive forward a powerful, focused agenda for change for the businesses of Wimbledon Town Centre and ensure a brighter future for all of us.”
About Love Wimbledon:
Love Wimbledon Limited will start operating on 1st April 2012 as a not-for-proft company limited by guarantee. It will operate for an initial term of 5 years after which renewal ballots can secure further five year terms.
Love Wimbledon’s plans for its first five year term are set out in the Love Wimbledon BID Proposal, which can be found at www.lovewimbledon.org
The Key Aim and Objectives of Love Wimbledon are:
To make Wimbledon town centre an attractive, safe, well presented and represented location of choice for business, visitors and residents.
Members of the current Love Wimbledon Shadow Board are:
WSM Accountants; Morrisons Solicitors, Centre Court Shopping Centre; The Polka Theatre; The Terrace and The Communication Workers Union. This board will be formalised and expanded following the successful ballot result. The Love Wimbledon BID Board has appointed the Merton Chamber of Commerce to operate the BID under their direction.
Business Improvement Districts can only be implemented following a successful ballot of eligible businesses and must be voted in by majority in number and in rateable value.
For further information or interviews, please contact:
Tracy Francis - firstname.lastname@example.org
Diana Sterck - email@example.com
Tel: 020 8944 5501
Member since: 10th July 2012
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