Agmt20 Redwood City Improvement Association-CBID Operating Agreement

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d. All parcels fronting on the single block of Main Street from Broadway to Middlefield (Upper Main) e. Some City and County properties. (All parcels which are owned and operated by tax- exempt and public agencies, County, City, School District, Kaiser Hospital, and any other tax exempt parcels would not pay into marketing, promotion or District Identity special benefit services. Therefore no assessment on building square footage would be levied against these parcels, however the assessments for linear frontage and lot size would be apportioned equally throughout the entire CBID. Furthermore, City and County owned parcels in Zone 1 will not pay into the parking supplemental building assessments due to the fact that the City and County do NOT have evening parking requirements, they provide free parking for their employees and would not benefit from any of the parking special benefit services funded through Zone 1 building assessments) Benefit Zone 2 would include: a. All parcels not included in Benefit Zones 1 b. (All parcels which are owned and operated by tax-exempt and public agencies, County, City, School District, Kaiser Hospital, and any other tax exempt parcels would not pay into marketing, promotion or District Identity special benefit services. Therefore no assessment on building square footage would be levied against these parcels, however the assessments for linear frontage and lot size would be apportioned equally throughout the entire CBID) In addition, as in mentioned in the District Identity section of this CBID management plan, tax exempt owned parcels and their related buildings on those parcels, will NOT derive benefit from District Identity related special benefit services. Programs including web site development, app development, social media, business attraction services, decorations and other programs to visually enhance the CBID parcels, will not benefit these tax exempt parcel buildings due to the fact that these buildings are not affected by market forces such as increased rents, greater commerce or creating a more livable community for residents. This plan proposes that there will be two distinct Benefit Zones for the Downtown CBID. With that in mind, the Benefit Zones, in general, would include the following parcels: 20