Elgin BID successful in securing a third, five year term
The Board of City of Elgin BID Ltd were delighted to be given a mandate by businesses in Elgin City Centre for another five-year operational term.
The result was announced, in line with Scottish Government regulations at 5.30pm on Thursday 28th November in the Gallery Room at Elgin Library by a representative from the Moray Council.
The announcement ends a yearlong engagement campaign and six-week period during which businesses in Elgin City Centre voted on whether to retain or disband the BID Company.
This is the third time that Elgin BID have asked the businesses within the City to back the company and work with them to drive forward promotions, activities and projects.
The ballot results were;
Yes votes 72.82% (56.48% in 2014) an increase of 16.34%
Ratable Value of those who voted 73.76% (66.53% in 2014) so an increase of 7.23%.
Richard Cumming, Chair of Elgin BID said: “We are delighted that the businesses have decided to back another 5 years of Elgin BID. The employees, Board and Working Group members all work hard to ensure we are delivering for our business members, their customers and our community, so this is wonderful news.
“The current pressures on our local authority have seen them make very difficult decisions, which massively impact on our businesses and community. Elgin BID on behalf of their members have really had to step up and take on some of these burdens while continuing with the daily work of making Elgin a great and welcoming destination.
“Having gone through this democratic process for the third time it is wonderful we can carry out the wishes of our members, embrace challenges and work together for the next five years – all the while showcasing what we have to offer.
“We were one of the first BID districts in Scotland – so the fact we are now looking forward to Phase three is something we should all be proud of and support.”
The last 10 years has seen the introduction of a wide range of initiatives, projects and activities including an exciting events calendar, additional street cleaning services, the seagull reduction project and development of a suite of marketing materials including the Business Map, Food and Drink Guide, Social Media promotions and digital marketing screens. Other activities have included the shop frontage improvement scheme, which offered grants to businesses who wished to invest in their properties and our involvement and collaboration was critical in securing funding for the Conservation Area Regeneration Scheme, which led to millions of pounds of investment.
Gill Neil, Chief Executive of Elgin BID said, “thank you to all the businesses who took the time to send off their ballot papers, we really understand how busy you are and appreciate your time. You have our word that we will continue to work tirelessly on your behalf and look forward to the exciting developments that the next five years will bring.
We are thrilled by the results and the increase in the the number of those who voted yes, we are looking forward to the next five years.
I genuinely believe that together we will be able to achieve far more than working alone. The legal process of going to ballot is complicated and I would personally like to take this chance to thank everyone for their lovely messages and shows of support, they meant the world”.
The 2020 – 2025 business plan was developed following extensive consultation with the Business members and lays out the plans for the the next 5 years, it can be found on the Elgin BID website.