Businesses in Bangor and Caernarfon have backed a proposal to establish Business Improvement districts in both locations.
In August, Notices of Ballot were announced to hold two ballots of businesses in Bangor and Caernarfon regarding the proposed Business Improvement District (BID) within the city and town. Businesses were asked to vote if they were in favour or against establishing the respective Business Improvement Districts.
During the ballot period, businesses received information regarding the Business Improvement District offer and through the hard work of a group of local businesses and local volunteers, the proposal was promoted as a unique opportunity for Bangor and Caernarfon.
In Bangor, the results show that 141 votes were received giving a 42% turnout. Of those who voted, 68% of the number voted in favour and 52% of the aggregate rateable value were also in favour of the proposed Business Improvement District.
In Caernarfon, the results show that 149 votes were received giving a 43% turnout. Of those who voted, 68% of the number voted in favour and 68% of the aggregate rateable value were also in favour of the proposed Business Improvement District.
As a result, the majority of the number of businesses and rateable value were in favour of establishing the Business Improvement Districts in Bangor and similarly in Caernarfon. The ballot result was announced by Gwynedd Councils Returning Officer on Friday, 25 September 2015.
Following the positive result, the Gwynedd Council Cabinet Member for the Economy, Councillor Mandy Williams-Davies said:
“I’m delighted that the proposal to establish Business Improvement Districts was supported by the majority of the business communities in Bangor and Caernarfon. A lot of hard work from the supporting businesses went into promoting the offer in both centres. As the new Business Improvement Districts are established in Bangor and Caernarfon, they will empower and give a voice to the business communities as they lead on additional improvements and investments.”
Speaking on behalf of the Bangor Business Improvement District group, the Chairperson Haydn Davies said:
“We’re very happy with the result, a new Business Improvement District in Bangor will give the business community a voice and purpose. We’ll be starting the work to prepare for the BID launch in April and would welcome any business which has an interest in joining the Steering Group to help with that process.”
On behalf of the Caernarfon Business Improvement District Steering Group, chairperson Chris Stuhlfelder said:
“This is great news for Caernarfon. Establishing a Business Improvement District in the town will give new opportunities for the business community to lead on additional improvements and investments in the town. From now until April 2016, the Steering Group will be working to prepare for the BID launch and I’d like to invite any business who’d like to assist in that process to get in touch.”
Councillor Sian Gwenllian, Gwynedd Council Small Business Champion added:
“I wish to congratulate businesses in Bangor and Caernarfon for voting in favour of creating Business Improvement Districts in their shopping centres. I know that business owners in both locations have been working very hard over the past months to ensure this and they had my full backing as Gwynedd Small Business Champion. This will be a huge boost for traders and for the two shopping centres, helping them develop into attractive and vibrant places and boosting the local economy.”