The Scarborough News
Attempt to close down company
The DBID is made up of more than 1,300 businesses in the tourism industry from Staithes in the north to Spurn Point in the south with a rateable value of more than £12,000, who have to pay a mandatory levy into the DBID, calculated at 1.5% of their rateable value.
The Yorkshire Coast DBID aims to raise £5 million over five years via its levy on businesses to put back into projects and initiatives that will help the region to thrive.
Last year, councillors revealed that they had tried to have the company wound-up over concerns about its response to the pandemic.
Cllr Liz Colling, the authority’s deputy leader said they had sought “expert legal advice” to see if it could force the closure of the DBID company, but had been told that they could not do so.