In 2016, Sandyford Business District Association Company Ltd (SBDA) submitted a proposal in accordance to Section 129C of the Local Goverment (Business Improvement District) Act 2006 to Dun Laoghaire Rathdown County Council to establish a Business Improvement District (BID scheme) in the Sandyford Business District Area.
On the 25th October 2016 the result of the Sandyford Business Improvement District (SBID) plebiscite was announced.with the majority vote in favour of establishing a BID Company for the area - Sandyford BID CLG..
The Council's role in this process is set out in statutory legislation under the Local Government (Business Improvement Districts) Act 2006 which provides the legal mechanism for the establishment of Business Improvement Districts within the functional areas of rating authorities in Ireland. Any decision on whether a BID Scheme proceeds is ultimately a matter for the Ratepayers within the Proposed BID Area. The Council's role is to facilitate the decision making process through the holding of a plebiscite. Should the majority of the Ratepayers within the BID area who participate in the plebiscite vote in favour of the BID Scheme, the Scheme will only come into effect after the Elected Members, by resolution, approve the Scheme. Businesses within the BID Area will then be asked to pay a levy which will be collected by the Council on behalf of the BID Company and all monies collected will be transferred by the Council to the BID Company.
The monies collected are not Council Income, this income belongs solely to the BID Company. The income collected by the BID Company is to fund activities/ services not provided by the Council. The legislation makes it quite clear that any activities/services cannot replace or substitute activities previously undertaken by the Council, and should be thus new and additional services/activities to those already undertaken by the Council.
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