DIRECTORS

Business leaders in Bangor have been asked to become members of the Bangor First board.

This document explains what the role entails and what the responsibilities are. However, directors will be governed by the Companies Act 2006 and further information will be included in the Company’s Articles of Association.

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AGB Bangor BID (T/A Bangor First) is incorporated as a Company Limited by 

Guarantee and is governed by a Board of volunteer Directors chosen from levy paying businesses in the BID area. The make-up of the 

Board will be proportionate to and representative of the types and numbers of businesses paying the BID levy. Directors take account of the interests of all levy payers and not just those of their own 

business sector or geographical area. 

The majority of the Board come from private-sector organisations and the Board is chaired by a private-sector member. Board 

members have no financial gain from their membership.

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The BID board’s purpose is to oversee the strategic direction of the Business Improvement District, ensuring projects as outlined in the Business Plan are delivered within budget to meet the needs of the BID levy paying businesses 

and the City Centre and making certain the BID performs its role effectively and fairly.

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RESPONSIBILITIES OF THE BID BOARD 

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• To ensure the BID company meets all its financial, legal and employment responsibilities 

• To ensure that BID levies are collected as set out in the Business Plan

• To ensure that the projects in Bangor BID Business Plan are delivered effectively 

• To monitor progress and report regularly to levy payers, voluntary contributors and other stakeholders 

• To seek additional funding from stakeholders outside the BID area, those within the BID area but under the BID levy threshold and from other grant-making and/or sponsorship providers to enable the BID to fulfil its funding promises 

• To elect a Chairperson and other officers from among their number

• To manage the renewal ballot at the end of each term

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MEETING ARRANGEMENTS AND FREQUENCY

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Directors will meet once a month at an agreed time and location suitable for the majority of parties. It Is expected that, by committing to being a Director, each person will endeavour to attend every Board meeting in order to allow key decisions to be made efficiently and quickly. Should a Director miss three consecutive Board Meetings or attend fewer than 75% of Board Meetings in any one year, he/she will be removed from the Board. 

Directors may also lead one of a number of subgroups set up to deliver specific projects, usually in an area where they have particular interest or expertise (e.g. marketing; group purchasing) and will keep the main board well-informed on progress. Any projects which fall outside the scope of the Business Plan must be discussed and agreed by the Board before decisions are made. 

Directors should be able to offer a minimum of one day per month to the BID on average, the time typically being used for reviewing information, carrying out investigation, overseeing projects and attending meetings. Some months may be busier than others, especially in the event that the Board decides to go to a re-ballot at the end of the current term and therefore some flexibility is required.

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