SELKIRK is set for another referendum.

Businesses in the town will be balloted next year to see if they want to pay an additional levy on top of their current rates.

And if the town delivers a Yes vote a major improvement plan will be implemented to attract more customers.

The two-prong Business Improvement District (BIDs) project for Selkirk is funded by £20,00 from central government and a matched £20,000 from Scottish Borders Council.

Recently appointed project manager David Thomas has been assigned to create plans of action for areas around the town centre and Ettrick Riverside.

Next September all business owners in both will be balloted on taking the plans forward - and also paying the additional levy.

Mr Thomas said: “We are seeking to create a business improvement district in both the town centre and the Ettrick Riverside area.

“A steering group has been established and we now have the brand - Selkirk Means Business.

“We are currently setting up meetings with all business owners and will, through time, prepare a business proposal for both areas as well as what the levy charge should be.” A business improvement district allows local businesses to work together, share risks and costs, and make improvements to their trading environment.

There have already been 27 BIDs areas created in Scotland with a further 22 in the pipeline.

Succesful BIDs create platforms for growth and strengthening of the local economy.

It is estimated that up to 200 businesses could be included in the Selkirk BIDs scheme by the time of next September’s referendum.

Mr Thomas added: “If we get more than 50 per cent voting Yes, a not-for-profit organisation will be set up to implement the business plans.” A BID term normally lasts for a period of five years, when renewal ballot for member businesses must take place.

Selkirkshire councillor Vicky Davidson said: “Even if there isn’t a Yes vote next September this will still be a worthwhile exercise.”