RESOLVED

That Cabinet Agree:

1. The South Wimbledon Business Association (SWBA) proposal and timetable to ballot for a new Business Improvement District (BID) and any future decision on a BID renewal is delegated to Chris Lee, Director of Environment and Regeneration in consultation with the Cabinet Member for Regeneration, Environment and Housing, Councillor Martin Whelton. 
2. That the Council will charge the BID for the costs for business rates staff in collecting and administrating the levy estimated in the region of £7.50 plus VAT per invoice collected,  and the on-going software costs of £1,175 plus VAT annually. 
3. That the Council recover the cost of the BID renewal ballot from the proposers if the renewal ballot is unsuccessful.