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· Administrative Fee to the City of Pleasanton The City of Pleasanton will charge an administrative fee to collect assessments from each of the four cities and to distribute the funds to the Tri-Valley CVB. The budget for this administrative fee is $10,000 which represents 1% of the total District budget. This fee may be reduced in following years. If costs are reduced the remaining funds will be put back into the District. · BID Collection Fee to the Cities of Pieasanton, Livermore, Dublin and San Ramon The Cities of Pleasanton, Livermore, Dublin and San Ramon will charge a BID collection fee to collect assessments from lodging businesses located within each of their cities. The combined budget for this BID collection fee is $10,000 which represents 1% of the total District budget. Each city's portion of this BID collection fee will be prorated based on the percentage of hotel rooms in each city. This fee may be reduced in following years. If costs are reduced the remaining funds will be put back into the District. Annual Service Plan A service plan budget has been developed in conjunction with lodging businesses to deliver service levels throughout the District. An annual service plan and budget will be developed and approved by the TBID Board. Please see the budget exhibit on the following page. The budget also includes a portion for contingencies and renewal of the District (5 %). Should the Tri-Valley TBID Board approve, funds may be appropriated for the renewal effort. If there are funds remaining at the end of the District term and lodging businesses choose to renew, these remaining funds could be transferred to the renewed District. If there are funds remaining at the end of the District and lodging businesses choose not to renew, any remaining funds will be spent consistent with this Plan. Tri-Valley Tourism BID Management District Plan Page 10