Summary of Decision: The Cabinet Member for Planning & Economic Development has approved the Paddington Partnership Ltd’s new Grand Union BID proposal and requested that the Chief Executive as the City Council’s Returning Officer and “ballot holder” hold a ballot for Paddington Partnership Ltd in respect of the Grand Union BID Proposal.
Reason for Decision: The proposed Grand Union BID will be the third BID proposed under Paddington Partnership Ltd, following successful ballots with Marble Arch BID and PaddingtonNow BID (in which the Paddington Partnership was the proposer). Paddington Partnership Ltd has a strong collaborative relationship with the City Council. Over the last two decades, the Partnership has already delivered a range of projects and services and the success and growing demand for these programmes is the reasoning behind the desire for a formal BID structure.