Proposed Amendment to the Revenue and Finance Policy

Statement of Proposal

An amendment is proposed to the Revenue and Finance Policy of the Waitakere City Council to enable it to introduce targeted rates to fund the budget requirements of Business Improvement Districts within Waitakere.

This is based on the Town Centre Strategic Partnership Programme endorsed in 2006 and designed to establish a mutually beneficial partnership structure in Waitakere between the Council and stakeholders in each town centre.

The area that this structure applies to is known as a Business Improvement District (BID). The stakeholders in a BID form an Incorporated Society, known as a Business Improvement District Association (BIDA), to enable collective stakeholder participation and management of activities and projects within the BID. The Council and stakeholders work together to improve and enhance business retention and performance in the town centre.

This strategic partnership programme will be introduced over time to all Waitakere town centres, linked to a programme of strategic planning for each of the City's town centres as identified in the Growth Management Strategy. A targeted rate is being consulted upon for the Te Atatu Peninsula.

Full details of the statement of proposal may be obtained free from Thursday, 1 May 2008 from:

• Visit Waitakere Central
• Phone Customer Services
• Libraries (including Piha and Waiatarua Libraries)
• Waitakere's Citizens Advice Bureaux

Submissions on the amendment to the Revenue and Financing Policy closed 5pm Tuesday, 3 June 2008.