[Adopted 1-8-2001 by Ord. No. O2000-01]
As used herein, the following terms shall have
the meanings indicated below:
BUSINESS ASSOCIATIONAn unincorporated organization of persons who operate retail,
service, or professional business within the Commercial District as
defined herein. This organization will provide management and promotional
services for the Commercial District.
DISTRICTThe Commercial District as defined herein.
PERSONAny individual, firm, corporation, partnership, joint venture,
or other business entity.
The Commercial District established hereunder shall be defined by boundaries as set forth in
Exhibit 1 which is attached hereto and made a part hereof. All property within the boundaries as set forth in
Exhibit 1 shall be within the Commercial District as defined herein. The name of the District shall be the "Oakland Commercial District."
There is hereby created the Oakland Business
Association which shall include, among its members, all of the business
establishments located within the Commercial District as defined herein.
A. Within
10 days after the effective date of this article, the Town Council
shall appoint an interim Board of Directors of the Business Association
which shall consist of the Mayor of Oakland, or his designee, and
the representatives of three business establishments within the Commercial
District, which shall elect from any of its members an interim Chairman.
B. Within
30 days of the appointment of said interim Board, the Board shall
provide for the election of a permanent Board by setting a meeting
of all members of the Business Association at which time the permanent
Board shall be elected by a general vote of the members. Each year
thereafter, the Association shall hold, on the second Tuesday of June,
a meeting of its general membership for the purpose of holding an
annual election of the Board of Directors as provided for in its bylaws.
C. The said
Board has forthwith and with the assistance of the Town Attorney drafted
a charter and a set of bylaws attached upon by the Association. Said
charter and bylaws shall be registered with the Town.
D. The initial
charter includes the following provisions:
(1) The
Association shall be governed by a five-member Board of Directors
which shall meet at least monthly. One member of the Board of Directors
shall be the Mayor of Oakland or his designee, and the second member
shall be Clerk of the Town of Oakland. The remaining three members
of the Board shall be elected at large at the first Association meeting
of each fiscal year. Each member of the Association shall be entitled
to an equal vote in electing the Board of Directors.
(2) The
purpose of the Association shall be to promote the Commercial District,
provide for marketing of the goods and service available in the Commercial
District and to provide, if necessary, security, maintenance, or amenities
within the Commercial District. The Association shall meet as provided
in its bylaws, but it shall meet not less than twice per year.
(3) All
advertising contracted for by the Association for the purpose of promotion
or marketing shall be at least 50% generic, in that it advertises
the Oakland District as a whole rather than individual businesses,
although such advertising may include, for purposes of marketing,
etc., special sale prices from individual members.
(4) On an
annual basis, the Association, representing the District, shall file
with the Town Clerk the following:
(a) An annual
budget setting forth its project expenditures and revenues and the
sources of those revenues. The said budget shall be balanced.
(b) A letter
of intent of the Association to the Mayor and Town Council of Oakland
certifying that the Association shall expend its funds in accordance
with its budget.
(c) Any
amendments to its charter or bylaws proposed for the upcoming year.
(d) All
of the above requirements must be approved by the Mayor and Town Council
of Oakland and are invalid until so accepted by that body.
Any person liable to pay the Commercial District
fee who fails to pay the same within 30 days after it is due and owing
shall be subject to a civil penalty of 10% of the fee and to interest
at the rate of 1 1/2% per month, or a fraction thereof, based
upon the actual date of payment, in addition to the annual fee. Failure
to pay said penalty and interest when due shall subject the violator
to civil prosecution, including possible resulting liens, payment
of court cost and reasonable attorney's fee.