b'ELIGIBLE BUSINESSES WILL PAY 1.95% OF THEIRTHERATEABLE VALUEER B ID2HOWEVER,A MINIMUM L E VY PAYMENT OF 250 WILL APPLY.If there is a YES vote all eligible businesses will contribute EXAMPLES OF ANNUAL LEVY to the projects and activities outlined in this plan. CONTRIBUTIONS THAT WOULD APPLY: Every eligible business in the BID area will pay the BID Levy, which is calculated as 1.95% of its premisesCaf rateable value. The rate will not change throughout theRV* 3,000 @ 1.95% duration of the 5-year ERBID2 term. In order to raise= 250more money for Destination Marketing and Events there will be a minimum Levy contribution of 250 per EligibleSmall Guest HouseBusiness per annum.RV 7,500 @ 1.95%= 250For those paying the minimum Levy of 250 per annum, you will get the following benefits as a minimum: Restaurant A POWERFUL INDUSTRY BODY ACTING ON YOURRV 10,000 @ 1.95%BEHALF, LOBBYING AS REQUIRED= 250ONGOING NATIONAL ADVERTISING INCLUDING:TV, RADIO AND ONLINE CAMPAIGNSEntertainment and Leisure MORE INVESTMENT IN EVENTS RV 15,000 @1.95%CONTINUATION OF THE VISITOR INFORMATION= 293SERVICE, FREE VISITOR GUIDES AND MAPSFULL-PAGE ADVERT ON THE ENGLISH RIVIERAPublic House WEBSITE WITH A DIRECT LINK TO YOUR WEBSITERV 25,000 @1.95%OR SOCIAL MEDIA PLATFORM WORTH 250 = 488PER ANNUMCONTINUED FREE USE OF THE RIVIERA Tourist AttractionPHOTO IMAGE LIBRARYRV 50,000 @ 1.95%= 975CONTINUED INVESTMENT INTO SHAREDRESEARCH & MARKET INTELLIGENCE Caravan Park RV 100,000 @ 1.95%VOLUNTARY CONTRIBUTORS = 1,950A business with a rateable value of under 3,000 will be formally exempt from paying the ERBID2 Levy but can joinLarge Hotel voluntarily. A voluntary contribution will entitle a businessRV 200,000 @ 1.95%to benefit from the benefits listed as well as full rights as= 3,900a company member. A minimum voluntary contributionof 250 per annum will apply. Self Catering Unit ERBID2 BID COMPANY MEMBERSHIP RV 8,700 @1.95%Any ERBID2 Levy Payer or equivalent financial= 250contributor can become a member of the EnglishRiviera BID Company. This enables them to take part Takeaway Kiosksin the decision-making process and after a period of and Premises12 months can stand for and vote during Board RV 8,700 @1.95%of Director elections.= 250* RV = Rateable Value/ 22 / ERBID PLAN 2022-2027ERTB 16113 Business Plan 2020 (For 2022-2027).indd 22 25/01/2021 09:14'