LISMORE business owners will be asked this week to decide if they want to continue paying a Special Business Rate Variation Levy (SBRVL) which is designed to revitalise the city centre and ensure it remains a vibrant business district.
The rate raises $100,000 per annum which is spent on the promotion of the city centre. It has been paid for the past 14 years with the latest three-year approval ending on June 30 this year.
Lismore Council has engaged a Sydney based company, IRIS, to conduct a random sample of Lismore-based businesses to participate in a four-hour workshop to gauge feedback on the SBRVL which will then be provided to the Independent Pricing and Regulatory Tribunal (IPART). If the consultation is favourable and IPART is satisfied with council's application, the levy will continue for a further five years.
Michael Haddin from Chandlers in Woodlark Street is on the members of Lismore Business Promotion Panel that determines how the money is allocated and said there are clear benefits to promoting Lismore through things like the successful 'Come to the Heart' campaign.
"The average person on the street and retailers see changes to CBD have been for the good. Feedback from business and customers has given it the big tick."
He pointed to a study by SCU that shows 67% of people think the CBD has been improved over the past two years, but most also think more work needs to be done.
Any business owner or manager from the CBD or Lismore Urban Area who did not receive the information bulletin about the SBRVL can obtain a copy by contacting Sandra Vincent at Lismore City Council on 6625 0436 or firstname.lastname@example.org.
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