The mandate of all Business Improvement Areas in Ontario are governed by the Ontario Municipal Act. The Bancroft BIA Board of Management is a group of member-elected volunteers who oversee the improvement, beautification and maintenance of municipally-owned land, buildings and structures in the area beyond that provided at the expense of the municipality generally and promotes the area as a business or shopping area, on behalf of the BIA members and in cooperation with the Town council and area stakeholders.
The Bancroft Business Improvement Area, as designated by Municipal by-law, includes all of Ward One of the Town of Bancroft. This includes Hwy 28 south to Monck Rd, 28 East to the radio station, Hwy 62 south to Bay Lake Rd. and Hwy 62 north at Victoria Drive.
Chairperson: Dave Rattle
Vice Chair: Lynn Haines - Chair of Flowers, Gardens & Landscape Sub-Committee
Treasurer: Fabian Yantha
All financial records are audited annually using the Town's audit service.
Executive Officer: Jody Didier
Chair: Bruce Keller
Committee members: Mary Lou Jan, Kim Fransky, Rita Fransky, Darlene Storey, Leslie Tracy Musclow and Christine Stringer.
A draft Annual Plan and Budget is prepared annually and is then presented at the Annual General Meeting for approval of the membership. It is then submitted to the Town Clerk to be brought before Council. Council has final authority on approving the budget and annual action plan.
Each year the BBIA determines the amount of funds it requires to carry out the Annual Plan. The Town is informed and the levy adjusted, if necessary. As per the Municipal Act, all commercial properties within the designated business improvement area pay a levy for the BBIA through their regular tax payment schedule.
As governed by the Ontario Municipal Act, if you are a commercial property owner or commercial tenant within the designated business improvement area (Ward One) in the Town of Bancroft, you are automatically a member of the BBIA.
BBIA meetings are held on the LAST Thursday of the month at 7 p.m. at the Royal LePage Office on Hastings Street N.. All meetings are open to the general membership and the public. The BBIA welcomes interested business owners and tenants. There are also a number of volunteer opportunities that may be of interest.
The BBIA's primary communication tool is email. Regular BBIA Bulletins are issued throughout the year to keep members aware of existing and new projects, news from the business community and details of upcoming educational and networking meetings and special events.