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Until now, Destination Ōrewa has been the biggest Business Improvement District (BID) in the local board area. However, the newly formed Silverdale BID will have significantly more funds coming in from its targeted rate. BIDs charge a levy/targeted rate to all businesses within their areas. This is collected by Auckland Council, and any increase in the rate must be approved by the local board and Council. The rate funds DOB activities that support its businesses, including promotional activities, events, networking and lobbying on a range of issues. The Silverdale BID officially be...
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