BRIDGEND BUSINESSES VOTE “YES” TO A BID


Businesses in Bridgend have voted in favour of establishing a Business Improvement District in the town centre. This will mean over £480,000 will be invested into the town’s economy from the proceeds of the BID levy over the next three years.

The BID, which will be the twelfth in Wales, will go live in October and join more than 200 others that have been established across the UK.

 

RESULTS:

Total number of votes cast in the ballot (excluding any votes given on ballot papers and rejected) 128
The aggregate rateable value of each hereditament in respect of which a person voted in the ballot (excluding rejected votes) 4,586,700
The total number of votes cast in favour of the question asked in the ballot 84
The aggregate rateable value of each hereditament in respect of which a person voting in the ballot has voted in favour of the question asked 3,094,200
Percentage of ratepayers who returned the ballot paper voting in favour of the proposal 65.6%
Percentage of the aggregate rateable value of each hereditament in respect of which a person voting in the ballot has voted in favour of the proposal 67%
Percentage of eligible ratepayers voting 37%





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