BID Term definition
Examples of BID Term in a sentence
Within one month from the Ballot Result Date the parties shall agree the dates when there will be meetings of the Monitoring Group and there will be at least two such meetings in each Financial Year (throughout the duration of the BID Term) and on all other occasions further meetings of the Monitoring Group shall be arranged by the service of written notice by either party.
From the second Chargeable Period of the BID Term, the BID Levy due in respect of the Hereditament shall be the Capped Levy including indexation.
The BID Term will be five years in duration from 1 April 2021 to 31 March 2026.
The rateable value of a business property may be revalued by the Dunbartonshire and Argyll & Bute Valuation Joint Board during the BID Term.
The Council shall serve a Demand Notice on each BID Levy Payer and thereafter shall continue to calculate the BID Levy and serve a Demand Notice throughout the BID Term.