After a year of research and development in town, the proactive & forward thinking organisations of Coleraine have voted YES!
The ballot results released by the independent scrutineer, Electoral Reform Services London, revealed that 81% of all those who voted in Coleraine town are in favour of a BID, A second trigger ‘majority by rateable value’ was also required and this was achieved with 90% of those who voted.
So, its a massive YES.
It is anticipated that the BID will commence from October 2018 for a five year term and will begin work on the additional projects that businesses have identified and as set out in the Business Plan. Over the five years of the BID will be generate over £1.2m to be spent in the BID area, for the benefit of all.
Congratulations everyone !!