Common Contracts

MEMORANDUM OF UNDERSTANDING OPERATING AGREEMENT North Hertfordshire District Council (the “Council”) - and - THE ROYSTON FIRST BID COMPANY LIMITED(the “BID Company”)

Operating Agreement • November 6th, 2023

• Contract Type
  Operating Agreement
• Filed
  November 6th, 2023

MEMORANDUM OF UNDERSTANDING

Operating Agreement • March 12th, 2019

• Contract Type
  Operating Agreement
• Filed
  March 12th, 2019

Contents 1 Definitions 2 Statutory authorities 3 Commencement 4 Setting the BID levy 5 The BID revenue account 6 Collecting the BID levy 7 Procedures available to the Council for the enforcement of payment of the BID Levy 8 Reparation mechanisms in the event that the Council fails to enforce the collection of the BID levy 9 Accounting procedures and monitoring 10 Confidentiality 11 Notices 12 Miscellaneous 13 Exercise of the Council’s powers 14 Freedom of information 15 Local Government Ombudsman 16 Contracts (rights of third parties) 17 Arbitration 18 Contract variation