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Section 3. The City Council finds that the Management District Plan satisfies all requirements of Streets and Highway Code sections 36622. Section 4. The City Council declares its intention to renew the Tri- Valley Tourism Marketing District (previously the Tri-Valley Tourism Business Improvement District) and to levy and collect assessments within the TVTMD boundaries pursuant to the Property and Business Improvement District Law of 1994, California Streets and Highways Code Section 36600 et seq. The boundaries of the TVTMD shall be the cities of Pleasanton, Livermore, Dublin, the town of Danville, and those portions of the unincorporated areas of Contra Costa and Alameda Counties as illustrated on the attached map (Exhibit A). The TVTMD shall include all lodging businesses located within these boundaries. Section 5. The name of the district shall be changed from Tri-Valley Tourism Business Improvement District to Tri-Valley Tourism Marketing District. Section 6. Visit Tri-Valley proposes to administer marketing programs to promote the assessed lodging businesses in the Tri-Valley area as a tourism destinations and to fund projects, programs, and activities that provide a specific benefit to lodging businesses within the boundaries of the District. Section 7. The annual assessment rate is $2.00 per paid occupied room per night. Based on the benefit received, assessments will not be collected on stays of more than thirty (30) consecutive days, nor on stays by any Federal or State of California officer or employee when on official business who makes a claim that they are exempt, nor on stays by any officer or employee of a foreign government who is exempt by reason of express provision of federal law or international treaty. The annual assessment rate may be subject to an increase each year starting in the third year, the amount of which shall be determined by the VTV Board. The annual assessment rate shall not exceed $3.00 per paid occupied room per night. Section 8. Each city, town and county shall be responsible for collecting the assessments from the lodging businesses within their respective jurisdiction. All lodging businesses available to the public, including new lodging businesses which open during the term of the district, shall be subject to the assessment. Assessments pursuant to the TVTMD shall not be included in gross room rental revenue for purposes of determining the amount of transient occupancy tax. Section 9. The TVTMD will have a seven-year term beginning July 1, 2015 through June 30, 2022. Section 10. It is estimated that the total annual assessments will be $1,822,000 in the initial year. This amount is expected to fluctuate as room sales do. The assessments levied for the TVTMD shall be applied towards marketing and promotions to increase tourism and market the assessed Tri-Valley area