The Torbay Business Association (TBA)The Torbay Business Association (TBA) is a not-for-profit community organisation supporting businesspeople and businesses serving the growing Waiake, Torbay, Long Bay and Okura area.
The Torbay Business Association (TBA) has been serving our local business community for 32 years. It has been a registered Incorporated Society since 05 Sep 2007. The TBA is run by an elected Executive Committee comprised of local business, property owners and Associate Members. The TBA is one of 51 Business Improvement Districts (BIDs) in Auckland. |
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What Is A BID?
A BID is an Auckland Council economic development initiative focusing on specified commercial areas, such as the Torbay town centre.
Businesses operating out of a commercial premise and commercial property owners pay a BID Targeted Rate. This is included in the Auckland Council rates bill. To find out more about the Auckland Council BID programme you can visit their website.
The Council passes the BID Targeted Rate on to the TBA to cover running costs and activities agreed upon by the Executive Committee. The TBA’s responsibilities as a BID are set out in the Auckland Council’s BID Policy.
If your property or business is one of the marked BID affiliate properties in the above map, you can see how much the BID Targeted Rate amount for the property is on the reverse side of your commercial rates invoice. If you are leasing part of the property, your OPEX costs likely includes a proportion of the BID levy in it.
The TBA Executive Committee (elected at the TBA Annual General Meeting) determines how this money is spent via its business and strategy plans. See the AGM Pack to find out more about the TBA's Business Plan.
All BID Affiliate property owners and lessees are entitled to full membership of the TBA. However, you must notify the TBA if you wish to be considered a member of the TBA as it is a stand alone Incorporated Society. You must be a member of the TBA to vote and be elected onto the Executive Committee.
All eligible Full Members and Associate Members are supplied with an invitation and documents to Special General Meetings or Annual General Meetings up to 21 days before a meeting.
The Council passes the BID Targeted Rate on to the TBA to cover running costs and activities agreed upon by the Executive Committee. The TBA’s responsibilities as a BID are set out in the Auckland Council’s BID Policy.
If your property or business is one of the marked BID affiliate properties in the above map, you can see how much the BID Targeted Rate amount for the property is on the reverse side of your commercial rates invoice. If you are leasing part of the property, your OPEX costs likely includes a proportion of the BID levy in it.
The TBA Executive Committee (elected at the TBA Annual General Meeting) determines how this money is spent via its business and strategy plans. See the AGM Pack to find out more about the TBA's Business Plan.
All BID Affiliate property owners and lessees are entitled to full membership of the TBA. However, you must notify the TBA if you wish to be considered a member of the TBA as it is a stand alone Incorporated Society. You must be a member of the TBA to vote and be elected onto the Executive Committee.
All eligible Full Members and Associate Members are supplied with an invitation and documents to Special General Meetings or Annual General Meetings up to 21 days before a meeting.