Year Two, The Million Pound BID
6th September 2018
On Wednesday 5th September, Lancaster BID held their second Annual General Meeting (AGM), at the newly refurbished Royal Kings Arms Hotel. The event was attended by 60+ representatives from the local business community, with a mixture of city centre businesses and key stakeholders from the District.
The event was an enjoyable night showcasing the achievements of Lancaster BID over the last year, as well as looking forward at the future of the company. The event also showcased all the work which Lancaster BID does on behalf of the Levy Payers which they represent, including strategic consultation, emergency planning and more.
The event was run by Lancaster BID Chair, Susan Rutherford, who updated on how innovation and improvement often arises as a result of positive communication, engagement and creativity, which she felt was abundant in Lancaster.
Following Susan, was a speech from Susan Parsonage, Chief Executive of Lancaster City Council, who updated attendees on the fantastic working relationship between the City Council and Lancaster BID, as well as exciting joint projects which are in the pipeline for Lancaster next year.
Director and Events Sub Group Chair Paul Cusimano, spoke of the 23 events which Lancaster BID produced or supported in Year Two of the Million Pound BID, as well as the strong promotional activity which is carried out every week to showcase Lancaster businesses, including the shop local feature, press releases and the plethora of social media channels.
Director and Improvements Sub Group Chair Richard Alford then rounded off proceedings by updating on the hard work which Lancaster BID undertakes to keep the city centre looking attractive to visitors and workers alike, as well as match-funded business improvement grants and upcoming exciting ginnels project.
Attendees saw a video showcasing some of the highlights of 'Year Two' of the Million Pound BID. This video showcased the enormous contributions that Lancaster BID makes to the city centre in a 12 month period. This video showed impressive figures such as the 400 faults reported and £127,579.00 additional funding which was brought in, on top of the £232,000 Levy, meaning that over £350,000 was directly re-invested back into Lancaster in a 12 month period.
The AGM also saw the Lancaster BID Directors re-elected, including Susan Rutherford, Consultant and Practice Manager at Holden's Solicitors, Paul Cusimano, Proprioter of JOSEPH+CO, Richard Alford, Managing Director at Black Bear Network and Mark Diggle, proprietor of Diggle's and Marcos Restaurant.
Lancaster BID Chair Susan Rutherford said: "It has been a great privilege to act as your Chair over the last year and I am extremely grateful for the dedication of the members of committees that make up our governance structure and of course the wonderful work of the BID team, Tom, Victoria, our Ambassador and of course the superb leadership and commitment shown by Rachael our BID Manager."
"Right now is a particularly key moment in time for Lancaster. It is against this backdrop that by bringing all of our achievements together, we have applied to the Great British High Street Awards, to be seen as a rising star. The Rising High Street category recognises the nation's most ambitious high streets which are taking the lead and working together to revive, adapt and diversify."
"We are looking to invigorate Lancaster building on the outstanding work already undertaken to future proof our High Street. We want A Clean City, A beautiful City, A smart City. Why are we doing this? How the City looks and feels is vital to the sustainability of the High Street. Visitors are now craving sensorial experiences, a unique involvement, which makes them feel valued."
"We are working in collaboration with the City Council in particular with Mark Davies and his team including the innovative landscape designer David Redmore- who has made a real impact at The Castle and Williamson Park."
"Much more of this development will come into fruition in the year ahead."
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