A business improvement district (BID) is a defined area within which businesses pay an additional tax (or levy) in order to fund projects within the district's boundaries. The BID is often funded primarily through the levy but can also draw on other public and private funding streams. BIDs provide services, such as cleaning streets, providing security, making capital improvements, construction of pedestrian and streetscape enhancements, and marketing the area. The services provided by BIDs are supplemental to those already provided by the Local Authority.
The council can be granted the power to buy or take rights over private property if it falls within a public or private construction project such as housing regeneration or a redevelopment area / project. Prior to issue of CPOs there should be a consultation and may be a public enquiry.
Working with local organisations to increase employment, encourage business growth and investment and tackle economic disadvantage by improving understanding of the economy, and identifying the issues facing the local population and workforce. In England and Wales organisations can include the local Chamber of Commerce, Business Link, Job Centre etc. and in Scotland, Scottish Enterprise
The council identifies and develops projects for submission to European and other funding sources to promote economic, physical and social development. It also administers the use of these funds.
Promoting the reclamation or improvement of derelict, neglected or unsightly land utilising grants. The council's role is to facilitate reclamation projects as they are often central to the regeneration of the economy. The council selects, determines the priorities, and provides finance at an appropriate level for these projects. The council is responsible for the implementation of its reclamation schemes.
Programmes to develop and regenerate the local economy and community, with key objectives being to create employment opportunities and secure external funding for the benefit of the area. Active promotion of the area, offering business development and support, and attempting to remove barriers to investment.
The purpose of regeneration is to improve the social, economic, physical and environmental wellbeing of our local communities. Regeneration programmes are groups of projects, which work together to make this happen. Examples of these might be a programme to help new businesses get started across the council area or programme to reduce crime in particular communities.
Where private property if falls within a public or private construction project such as housing regeneration or a redevelopment area / project the council may come to an agreement with the property owner regarding the purchase of the property before considering the issue of a Compulsory Purchase Order.