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SATMD Management District Plan 4 <br />February 27, 2025 <br />located in the boundaries of the SATMD. The City shall take all reasonable efforts to <br />collect the assessments from each assessed lodging business. <br /> <br />Duration: The renewed SATMD will have a ten (10) year life, beginning January 1, 2026, or as <br />soon as possible thereafter, and ending ten (10) years from its start date. After ten (10) <br />years, the SATMD may be renewed pursuant to the Property and Business <br />Improvement District Law of 1994, Streets and Highways Code section 36600 et seq. <br />(94 Law) if assessed business owners support continuing the SATMD programs. <br /> <br />Management: TSA shall continue to serve as the SATMD’s Owners’ Association. The Owners’ <br />Association is charged with managing funds and implementing programs in <br />accordance with this Plan, and must provide annual reports to the City Council. <br /> <br /> <br />EXHIBIT 2