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Sent by: 6/1 /2007 8:53:44 AM Page 3 of 3 What COULD be done to more appropriately address these issues. 1. Make the necessary changes to the enabling ordinance as requi rd. Some possible funding formulas could he based on: 1. A percentage of GET paid to the State. 2. Square feet of business space. 3. Linear feet of street frontage. 4. Number of employees. 5. Separate rates by type of business (hotel, restaurant, retail, pro.cs~i~.~i .d, condo units, etc.) 6. Al] of these are veritiable and are based on a `per business' bans rnt~ cr i hau `p.r parcel'. Possible representation and voting structures for election of Board Me~nb::rs ;.c< list~-i~t decisions could be based on: 1. Dollars contributed. 2. Zone placement (different zones get different votes). 3. One Vote per payee. 4. One vote per Business license held. Other possible considerations: 1. Star[ with a much smaller district, focusing on the core area of brsi n. -ses wit ~ common needs and goals. 2. Add new zones or even new BIDs as you gain experience and a.u:;:c! s. 3. Increaseldecrease the number of zones to more accurately rellec t tk; e ~ e r ri cE;a a~,i benefits to be provided. 4. Neither the district nor the zones within the district have to be ::nr;i a~:a;s an:as, there can be holes. The BID is needed in Kailua Village and it can achieve great things. I ;isle t: e cr~.cil 'to consider continuing the public comments on this proposal since it is >t.c:h u ] tr;r undertaking which affects so many businesses and people iu the Dish-ict.:?'I : tam; dir:~t the BID organizing committee to wait, go back and take another look s: ilae l;,na. nlarias and how the funding and representation are achieved. They can then crirr r. P s cap ~~itb proposal that is more appropriate and avoids the possibility of the BID :;ei ;:h dbatged in court. Bruce Brooks 76-6386 Pualani St. bruce(a~bbkona.com 756-6566 (cell )