New elections to the board of the BID company – called Coventry Best for Business – followed demands by protesters for an election by businesses that pay the levy.

"The procedures, using a system called single transferable vote, are designed to ensure the new board will be made up of a range of small, medium and large companies from different sectors and parts of the city"

It has been suggested that STV was chosen "to prevent a wholescale boardroom takeover by revolting firms."

This is good news for STV supporters because it shows not only that STV is gaining in popularity but also that it is seen as a good system to use when there are serious disputes and disagreements.

The BIDs core funding comes from Coventry City Council so this could serve as a model to follow for other organisations funded by local authorities and for other Business Improvement Districts established under Part 4 of the Local Government Act 2003.

Source: Coventry Telegraph