GOVERNANCE AND MANAGEMENT
Following a successful ballot, a Management Group would be established. This Group would comprise representatives from each sector within the business community and from each geographic area within the BID boundary. Bristol City Council would have formal representation as the provider of statutory services within the area and as a levy paying business.
The Management Group would meet on a quarterly basis and would oversee the strategic direction and financial management of the BID. It would ensure that the BID operates professionally and effectively at all times and in the best possible interests of all levy payers.
The Redcliffe and Temple BID would seek independent accreditation in its first year.
The BID Management team will develop and manage the projects identified within the business plan and report on progress to the Management Group. Staff members of all levels from levy paying businesses will be encouraged to join Working Groups to ensure that the businesses have influence and involvement in all project delivery.
Specific key performance indicators (KPIs) would be set and performance would be monitored against the KPIs by the Management Group.