Lichfield BID levy
About the Lichfield BID
The Lichfield BID was voted in by Lichfield City businesses in summer 2015 and formally started on 1 October 2015.
It is run by a company called the Lichfield BID Company, which is totally separate from the council. As a business ratepayer in the city, the council will pay money into the BID. It also collects the BID levy on behalf of the BID and all money it collects is passed to the BID to deliver projects in the city.
What does the BID do?
The Lichfield BID delivered £1 million investment in a range of exciting city centre projects between until September 2020.
The projects it delivered are all featured in the Lichfield BID business plan and are based on the ideas businesses put forwards by businesses across the city when the BID was created.
What is the BID?
BID stands for Business Improvement District.
It does not replace the statutory activities or services carried out by the council, police or other public agencies.
It is an arrangement under which local businesses improve their own trading environment and agree via a BID operating company how the levy should be spent on a range of projects to boost the city centre, trading environment and increase footfall.
Who runs the BID?
The Lichfield BID is operated by Lichfield BID Limited, a wholly independent, non-profit distributing company limited by guarantee.
What is the BID area?
The BID area includes: Backcester Lane, Bakers Lane, Beacon Street, Bird Street, Birmingham Road, Bolt Court, Bore Street, Breadmarket Street, Castle Dyke, Church Street, City Arcade, Conduit Street, Cross Keys, Dam Street, Friary Road, Frog Lane, Greenhill, Gresley Row, Lombard Street, Lower Sandford Street, Market Square, Market Street, Minster Pool Walk, Queen Street, Quonians Lane, Rotten Row, Sandford Street, Shaw Lane, St Johns Street, Station Road, Stonneyland Drive, Stowe Road, Stowe Street, Swan Road, Swan Mews, Tamworth Street, The Close, The Friary, The Tanneries,Three Spires Shopping Centre, Trent Valley Road,Tudor Row, Wade Street and Upper St John Street (before the railway bridge).
How long will the BID last for?
The Lichfield BID term operated for five years. It started on 1 October 2015 and ended on 30 September 2020.