The Yorkshire Coast BID gives the business community an opportunity to bring forward projects that improve their area thereby increasing footfall from residents and tourists.
The Yorkshire Coast BID covers a geographical area along our North Sea facing coastline running from just north of Whitby down to Spurn Point and as such the East Riding of Yorkshire Council and Scarborough Borough Council are acting as billing agents for the Yorkshire Coast BID company.
The BID came about following a referendum of affected businesses in the BID area which resulted in a Yes vote in November 2018.
All affected potential ratepayers were identified by the BID company and were asked to vote in this referendum - whilst this Council only acts as a billing agent for the BID company, under Business Rates legislation both the East Riding of Yorkshire Council and Scarborough Borough Council have a legal obligation to bill for this.
The legislation for billing for BID's falls under Business Rates regulations.