Can the council help counter the reduction in incomes and possible business closures by asking the Local Enterprise Office to investigate the potential for a Business Improvement District

My second question at April’s MD meeting ‘ In light of looming rates increases for many local businesses can the council help counter the reduction in incomes and possible business closures by asking the Local Enterprise Office (LEO) to investigate the potential for a Business Improvement District (BID), or similar initiative, in conjunction with the newly formed Kildare Chamber of Commerce and Newbridge and Kildare Towns to encourage business growth in both towns?
Here is the report Issued by: Ms C. O’Grady, A/Director of Services, Economic, Community & Cultural Development: The Local Government (Business Improvement Districts) Act 2006 provides the legal mechanism for the establishment of Business Improvement Districts(BID) within the functional areas of rating authorities in Ireland.
Any decision on whether a BID scheme proceeds is ultimately a matter for the ratepayers within the proposed BID area. The council’s role is to facilitate the decision making process through the holding of a plebiscite.
Should the majority of the ratepayers within the BID area who participate in the plebiscite vote in favour of the BID scheme, the scheme will only come into effect after the elected members, by resolution, approve the scheme. Businesses within the BID area will then be asked to pay a levy which will be collected by the council on behalf of the BID company and all monies collected will be transferred by the council to the BID company.