Levy-paying businesses will soon be asked to vote on whether they would like Ymlaen Llanelli BID to continue its work for the next five years. You can download and read our renewal ballot proposal by clicking on the download below; this proposal details everything we've achieved over the past five years, as well as our plans going forward to continue supporting Llanelli town centre businesses and building a vibrant town centre.
So, how does a reballot work?
Businesses within the BID area with a rateable value of £5000 and over will receive a ballot paper to fill in and return within a month to vote on whether they would like the BID to continue.
To be re-established, the ballot must pass on two counts: a simple majority of those voting must be in favour and their votes must represent more than 50% of the total rateable value of the properties that voted.
The BID was established in November 2015 following a successful ballot that adhered to the same rules.
Here's the key reballot dates to remember and what they mean:
21st January - Notification of ballot: Business owners will receive a letter to their preferred address to let them know about the upcoming ballot, with a hard copy of our proposal document included. Read through, and let us know if you have any questions.
4th February - Ballot opens: Business owners will receive their ballot papers in the post and can begin casting their votes. You have four weeks to get your vote filled in and returned in the post.
4th March - Ballot closes: Voting closes at 5pm and any ballot papers received after this time will not be counted. Please ensure you send your vote in a timely manner. The result of the ballot will be announced the following day.
If you're unsure whether your business is included in the BID or not, get in touch and we can let you know. Our BID boundary hasn't changed, but businesses that weren't part of the BID before may have seen their rateable value increase and so will be eligible to vote for the second term. Unfortunately the opposite is also true: businesses that were eligible in the first term may have seen their rateable value decrease, and so will not be part of the BID this time around.
We'd love to continue building on our success to help support businesses further, so please vote, get in touch if there's any issues, and spread the word!