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PRIVACY
Economic Development

Funding package for Westside BID

City council expected to approve £155,000 grant to keep business improvement district going until ballot can be held in August

Hyatt Regency is one of several hotels in Broad Street which form Westside BID

City council chiefs are expected to approve a £155,000 funding package to keep Birmingham's first (BID) going until a new ballot can be held.

Protracted negotiations over the expansion of the BID in mean it was unable to ballot member businesses earlier this year as planned.

The organisation, which was recently renamed Westside BID, is to be extended to take in Broadway Plaza and the new Paradise development - although there have been rumours the council leadership wanted Paradise to come under the Colmore BID area.

Covering and the Broad Street nightlife area, it charges a levy to businesses to pay for a range of services such street cleaning, taxi marshals, additional policing or security, marketing and special initiatives such as the Walk of Stars - as long as a majority of businesses vote for it every five years.

The delayed ballot is likely to take place next month.

A report to the city council's cabinet will allot up to £155,000 to keep the BID going until August to cover the street cleaning and other services - although BID manager Mike Olley says it is unlikely they will require this sum in full.

"We have some cash reserves and will use these," he said, adding he fully expected the ballot to be successful.

According to the report, it is part of a total of £531,000 the council pays the BID over five years.