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Rules of Order (newly revised) shall govern all procedural matters relating to the business of the <br />Legislative Authority. <br />(c) Powers of the Legislative Authority. The Parties hereto acknowledge and agree <br />that the SeaTac City Council is being appointed solely to serve as the "legislative authority" for <br />purposes of the TPA Act. The day to day operations of the Seattle Southside TPA, including but <br />not limited to the management and expenditure of Special Assessments, shall be managed by <br />SSRTA as manager and operator of the Seattle Southside TPA. The SeaTac City Council, when <br />acting in its capacity as Legislative Authority, shall have the authority to: <br />1. Receive the Petition, adopt a resolution of intent to form the Seattle <br />Southside TPA, hold a public hearing as required by the TPA Act, and otherwise carry out the <br />terms of the TPA Act; <br />2. Form the Seattle Southside TPA, establish rates of Special Assessments <br />and levy Special Assessments pursuant to the terms of this Agreement, the Petition, and the TPA <br />Act; <br />3. Adopt an Annual Budget; <br />4. Conduct regular and special meetings as may be designated by the <br />Legislative Authority; <br />5. Enter into agreements with third parties as necessary to fully implement <br />the purposes of this Agreement; <br />6. Enter into Operating Agreements with SSRTA for the operation of the <br />Seattle Southside TPA, the management and expenditure of Special Assessments and other <br />revenues, and other services as determined to be necessary from time to time; <br />7. Enter into agreements with and receive funds from any federal, state or <br />local agencies and to distribute such funds to SSRTA; <br />8. Receive and account for all funds allocated to the Seattle Southside TPA; <br />and <br />9. Engage in any and all other acts necessary to further the goals of this <br />Agreement. <br />Section 4. Levy of Assessments on Lodging Businesses within the Seattle <br />Southside TPA. <br />(a) The Legislative Authority will levy Special Assessments on the Operators of <br />Lodging Businesses within the Seattle Southside TPA in accordance with the Zones and levels of <br />Special Assessments as set forth in the Petition and resolution of the Legislative Authority. The <br />Parties acknowledge that, unless otherwise provided for in the Petition, Special Assessments <br />shall not be imposed on rooms (1) where the occupant has stayed 30 or more days and are not <br />otherwise on a Transient Basis, (2) that are provided by an Operator of a Lodging Business to <br />6 <br />