bid growth workshop growth workshop july17.pdf · •a bid expansion is not about increasing the...

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BID Growth workshop July 2017

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Page 1: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

BID Growth workshop

July 2017

Page 2: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

AGENDA

• Introductions • Meeting demand of a growing area • BID programme expansions • BID rating mechanism

Page 3: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Meeting demand …

… understanding your environment

Page 4: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

New Lynn

Meeting demand …

Page 5: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Meeting demand …

Page 6: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

• A BID expansion is not about increasing the $$.

It is about:

• Identifying the different types of businesses nearby.

• Identifying the needs and opportunities of the wider

business community.

• Evolving the BID programme to the next stage of its

development and delivering benefit to a wider audience.

Meeting demand …

Page 7: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Parnell – Breakdown of tenants

Page 8: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Are you ready?

“a BID expansion takes twice as long as you think and

be ten times harder than you planned” – Wiri general

manager Audrey Williams - June 2017

Page 9: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Get set …

• Do you have the business

champions and leaders on board?

• Did your preliminary survey indicate there was a desire to

be part of your organisation and or BID programme.

• Have you adapted and evolved the BID programme and

business plan to meet the expectations of the potential

new BID members?

• Do you have the resources, time and energy in house or

do you need to contract this in.

Page 10: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

And go!

Remember …

• Project management

approach.

• BID expansion project

responsibility sits with the

business association.

• Resources and skills.

Page 11: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Approval

• Pre ballot

• Association membership approval of the BID

expansion map and budgets.

• Local Board approval of the proposed BID map.

• Post ballot –

• Association membership approval of final map, budget,

business plan and ballot result.

• Local Board approval to expand BID programme, map

and budget, including confirmation of meeting the

requirements of the BID Policy (2016).

Page 12: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Approval continued…

• Annual Plan Budget

• Proposed BID expansion included in

the Local Board annual plan

consultation document.

• Proposed BID expansion included in

the draft annual budget plan

consultation document.

• Governing Body

• As part of council annual plan

process.

Page 13: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

• 30 September – deadline for Local Board approval of

the draft map

• 31 October – deadline for AGM/SGM to approve the draft map and BID target rate

grant amount special resolution. Meeting minutes and support documents forward to

the AC BID Team.

• 1 November – BID Team deadline for including the BID target rate grant amounts

(as approved at an AGM/SGM) in the draft annual plan

• 31 March – all BID ballots must be completed before the end of March

• 15 April - Deadline for AGM/SGM to approve the final version of the map, strategic

documents, BID grant amount, rating mechanism etc. Meeting minutes and support

documents forward to the AC BID Team.

• 20 April – deadline for the business association BID expansion report with detailed

overview of actions, summary of evidence and recommendation. Report forward to the

AC BID Team.

• May – business association local board presentation

• May – BID Team report to local board seeking approval for the expansion

• May – Governing body approves the draft annual plan

Key dates …

Page 14: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

BID Rating Mechanism

There are three options:

• Proportional value method - % x CV

• Flat rate method - $0 - $500 x each ratepayer

• Hybrid method – combination of % and flat rate

• Refer page 31 of the BID Policy (2016)

• Wiri example

Page 15: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Wiri BID Expansion

Page 16: BID Growth workshop Growth workshop July17.pdf · •A BID expansion is not about increasing the $$. It is about: •Identifying the different types of businesses nearby. •Identifying

Questions?

Where to find more information

• https://bid.aucklandcouncil.govt.nz/news

• August – arrival of your 2017 BID rates modelling

spreadsheets

• Email: [email protected]