Royal Borough of Kensington and Chelsea

The BID legislation establishes a relationship between the BID and the local authority in which it is located.

The local authority must be satisfied that the Business Plan meets the necessary legal requirements and is responsible for managing the BID ballot. On behalf of the BID, it collects the BID levy through the local business rates bills.

Beyond that, a positive, ongoing working relationship between the BID and the local authority is vital for success in delivering the Business Plan.

Councillors and Officers of the Royal Borough of Kensington and Chelsea have been involved from the start of the process, many contributing to the initial Feasibility Study. They are supportive of the establishment of a BID and regard this as a positive move to promote and support the future evolution of the King’s Road district.

The BID will involve formal participation of the local authority within its governance structure but, just as important, the BID will develop a strong and constructive working partnership at all levels. Together, and with other elements of the local community, we will work to make the King’s Road a better place for everyone to work, live and visit.

A key relationship will exist between the BID and the Royal Borough of Kensington and Chelsea as the main determining authorities in respect of the streets and properties in the area of the BID. Two important agreements will exist between the BID and the Council:

  • An Operating Agreement which outlines how the BID levy monies are collected, administered and passed over to the BID
  • A Baseline Agreement which specifies the level of Council led service provision in the area, ensuring that any services the BID provides are additional
  • *To view the Operating Agreement and Baseline Agreement go to LINK HERE

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