Dublin Town seeks to renew contract despite €4m arrears
The promotional company must now be voted back in by city centre businesses, but the margin of approval has narrowed in recent years
Dublin Town, which recorded arrears of nearly €4 million at the end of last year, has notified Dublin City Council that it will seek a renewal of its five-year contract.
The promotional company, which is also known as a business improvement district (BID), is underpinned by legislation that requires businesses to pay it a levy equivalent to 5 per cent of their rates to Dublin City Council (DCC) each year.
Dublin Town receives about €3 ...