Virtual AGM – 15th September at 6pm
The Board of Directors would like to invite all businesses in the BID area to the second Annual General Meeting of this term of the Penrith Business Improvement District (BID). The AGM will include a review of milestones & achievements secured in the first year of the current BID term which runs until 2023.
This year we are delighted to announce that we will be joined by Neil Hudson MP, who will join the panel for the Q&A. The theme is ‘The Future of Penrith’ – if you would like to submit a question to ask Neil or the panel, please email your question to admin@penrithbid.co.uk no later Tuesday 8th September 2020.
We hope you can join us to hear about the activity of the BID and to plan for future projects. These are difficult times for us all and we want to continue to work together to ensure Penrith is able to prosper again in future years.
In line with our constitution, all directors will retire from officer posts (Chair/Vice Chair/Treasurer) and there will be a ballot on the night to reappoint directors to each post. In addition, there are also a number of vacancies on the board, if you are interested in joining BID as a volunteer director.
Invitations are limited to BID Levy payers and invited guests, so book now by email at admin@penrithbid.co.uk Please include the following details:
- Full name
- Business name and location
- Position
Date: Tuesday 15th September
Time: 6.00pm – 7:30pm
Where: Online (by invitation to Microsoft Teams)
Supporting Documentation
Penrith BID – Year End Accounts 2019-20
Agenda
- 6.00pm Introductions and Welcome from Darren Broad, Chair
- Election of BID Board Members
- Presentation – BID’s future plans
- Q&A with Neil Hudson MP and members of the board: “The future of Penrith”
- Statutory approval of the Company Audited Accounts for 2019/20
- 7.30pm Close
Penrith BID Directors
According to the Penrith BID Articles of Association, the board must be made up of Directors representing different business sectors. Details are specified below:
| Sector | No. of Directors | Directors 2019-2020 |
| Small Retail | 3 | · Jamie Redman – Wrights Coffee and Ice Cream and Mr Sims
· David Whipp – Starfruits · VACANT POST |
| Large Retail | 2 | · Darren Broad (Chair) – Argos
· Celia Atkinson – M&S |
| Professional / Financial | 2 | · Heidi Marshall – Dodd Accountants (Retire VACANT POST)
· VACANT POST |
| Hospitality, Food and Drink | 2 | · Dan Harding – (Vice Chair) Foundry 34 and Angel Lane Chippie
· VACANT POST |
| Charity | 1 | · Charlie Shepherd (Treasurer) – Rotary |
| Other | 1 | · Simon Whalley – Eden Valley Artistic Network (Creative CIC) |
| Local Authority | 1 | · VACANT POST
(Economic Development Officer from PTC attends in advisory capacity) |
In accordance with our Articles of Association, at the annual general meeting some directors will retire (minimum requirement is for one third of the Directors to retire). They are eligible for re-appointment without requirement for nomination.
You will see above two directors are retiring from their posts and will not be putting their name forward for re-election.
Nominations to become a Director
All levy payers and members are eligible to nominate anyone to stand either against the incumbent, or for the vacant posts shown above. All nominations to become a Director must be from persons who have an interest in or represent a member organisation and they must sign the nomination form to indicate their willingness to become a Director.
Nomination forms are below or can be obtained from the resources page of our website: https://www.penrithbid.co.uk/resources/
Nominations should be emailed to Philippa Ball (BID Manager) at admin@penrithbid.co.uk. The closing date for nominations is Tuesday 8th September 2020. We will then verify that all nominations received are nominations made by eligible members. On the night of the AGM the first order of business will be a ballot to elect the new members of the board. The outcome of the ballot will be announced during the meeting, once the votes have been counted.
