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Resolution No. 05-075 Page 3 (or if the term of the TVTBID is less than five years) and there are funds remaining at the end of the term, such funds may be used for purposes consistent with the requirements of this Resolution. Section 10. The Cities of Livermore, Dublin, and San Ramon shall transmit their collected assessments to the City of Pleasanton who shall administer the funds collected. Section 11. No bonds will be issued for the TVTBID. Section 12. The time and place for the public hearing to establish the TVTBID and the levy of the assessments is set for December 6,2005 at 7:00 p.m. at the City of Pleasanton, City Council Chambers, 200 Old Bernal Avenue, Pleasanton, California. The Pleasanton City Clerk is to provide written notice to the lodging businesses of the date and time of the public hearing. Section 13. At the public hearing the testimony of all interested persons for or against the establishment of the District, the boundaries of the District, or the furnishing of specified types of improvements or activities will be heard. Section 14. A protest against the establishment of the TVTBID, the boundaries of the TVTBID, and the furnishing of a specified type of improvement or activity, as provided in Section 36623, may be made in writing. To count in the majority protest against the TVTBID, a protest must be in writing. A written protest may be withdrawn in writing at any time before the conclusion of the public hearing. Each written protest shall contain a written description of the lodging business in which the person signing the protest is interested, sufficient to identify the lodging business and its address. If the person signing the protest is not shown on the official records of the city in which the lodging business is located as the owner of the lodging business, then the protest shall contain or be accompanied by written evidence that the person is the owner of the lodging business. If the owner of the lodging business is a corporation, LLC, partnership or other legal entity, the authorized representative for the entity shall be authorized to sign the protest. Any written protest as to the regularity or evidence of the proceedings shall be in writing and clearly state the irregularity or defect to which objection is made. Written protests must be received by the City Clerk of the City of Pleasanton before the close of the hearing scheduled herein and may be delivered or mailed to the City Clerk, City of Pleasanton, 123 Main Street, PO Box 520, Pleasanton, California, 94566. Section 15. If at the conclusion of the public hearing, there are of record, written protests by the owners of the lodging businesses within the proposed TVTBID that will pay fifty percent (50%) or more of the estimated total assessments of the entire TVTBID, no further proceedings to establish the