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VI. BID GOVERNANCE <br /> A. Tri -Valley Tourism Business Improvement District Corporation Governance <br /> The TVCVB will serve as the Owners' Association for the TVTBID. At least half of the voting <br /> members of the TVCVB Board of Directors shall be representatives of assessed lodging businesses. <br /> The President and Chief Executive Officer of TVCVB will be charged with the day -to -day <br /> operations of the Tourism BID. <br /> B. Brown Act Compliance <br /> The governing corporation of a TBID is considered a legislative body under the Ralph M. Brown <br /> Act (Government Code §54950 et seq.). Thus, meetings of the IVCVB board must be held in <br /> compliance with the public notice and other requirements of the Brown Act. <br /> C. Annual Report <br /> The TVCVB board shall present an annual report at the end of each year of operation to the <br /> Pleasanton City Council pursuant to Streets and Highways Code §36650 (see Appendix 1). <br /> Tri Valley Tourism Business Improvement District Management District Plan Page 10 <br />