1.Purley Business Assoc DECEMBER 2013

2. Introduction What is the PBA Initiatives BID Business Networking and nibbles 3. Purley Business Association (PBA) Not for profit business organisation looking to promote Business in Purley. Represent Business owners and their interests Market Purley businesses and those wanting to do business in Purley Create initiatives Boards, Market, Business Expo, Fashion week? Food Week? Business Improvement districtNeed support and members (75 discounts available) 4. Purley BID PURLEY BUSINESS ASSOCIATION 5. What is a BID A Business Improvement District (BID) is a partnership between a local authority and local businesses which is intended to provide improvements to the public sphere within a specified geographical area. Proposer Purley Business Association and Croydon Council Set geographical area (CR8 ish) Produce proposal of investment in areas Propose Levy Campaign and Ballot Implement84% success 91% renewal success 6. Proposer Purley Business Association Joint venture with Croydon council Create PurleyBID Define Area Create Ballot Require Majority vote Compulsory for all if passed Term of 5 years in most cases 7. Purley CR8CR8 2** 8. Produce proposal of investment in area CleanerSafer Fly tipping Car Parks Street cleaning Lights Car park PatrolsPerception Marketing Expo Festival Street Market Xmas LightsBusiness Engagement Town centre manager Council LiaisonAccessibility Car park signs Council parking charges 9. Levy 1-4% addition of business rates 88% are 2% or less312 Businesses in CR8 2**Percentage 120,000113,000100,000Businesses over 7000 rateable Value total 8m75,00080,0005 year term 56,00060,000Additional Income/investments Council London Europe40,00038,00020,000 0 1%1.50% Percentage2%3% 10. Cost & Benefits (estimates) Rateable Value