BID AGM

INVERNESS BID LIMITED
4th ANNUAL GENERAL MEETING

Venue: Mercure (formerly Ramada Jarvis Hotel), Church Street, Inverness,
6pm on Thursday 24 November 2011

The 4th Annual General Meeting of Inverness BID Limited will be held as above for the purpose of electing directors and transacting other competent business.  The Agenda is shown below.
BY ORDER OF THE BOARD
21 October 2011                                                  Cole-Hamilton & Co – Company Secretary

AGENDA

1. Apologies for Absence
2. Welcome and Introduction
3. Membership and eligibility to vote – see below
4. Minutes of the previous AGM held 7 October 2010
5. Reports by Chairman and Manager
6. Resignation of Directors by rotation – see below
7. Appointment of Directors nominated by members - see below
8. Procedure for appointing Chairman and Office Bearers
9. Approval of Accounts for the year ended 31 March 2011
10. Any other competent business

NOTES: 
3. Membership and eligibility to vote – only members of Inverness BID Ltd whose application have been approved by the company are eligible to vote at the AGM.  All BID levy-payers are eligible to apply for membership at no additional charge. Any levy-payers wishing to become members should complete a membership application form (available from the BID office) and submit it to the BID office by noon on 22 November 2011 to enable participation at the AGM.

6. Resignation of Directors by rotation - At each AGM one third of the elected directors have to retire, as do any directors co-opted during the year.  At this AGM the following directors retire: John Laidlaw, Brian Philip, Jackie Cuddy, Malcolm Fraser, Steve Johnstone. With the exception of Steve Johnstone, they have indicated their willingness to stand for re-election.

7. Appointment of Directors nominated by members – There are six vacancies to be filled in the following sectors: three from the Retail sector, two from the Property owners, and one from the Office sector.
A list is now open in the BID office should members wish to nominate themselves or any other member for election to the Board. Contact the BID office on 01463 714550 or by email to BIDmanager@inverness.uk.com to obtain a nomination form.  The list will be closed 10 November at 5 pm.  Members submitting nominations (by letter or fax) must confirm that the nominee is willing to serve on the Board if elected. A ballot will be held if the number of nominations exceeds the number of vacancies for any sector. To be valid, all nominees must be BID levy payers and members of the company