Downtown Provo Inc

“Once form 990 is completed with the help of our Accounant,”

“form 990 is distributed to the organization's financial”

“committee and reveiwed. The financial committee also”

“reviews the QuickBooks file prior to filing form 990”

“for purposes of accuracy.”

“There is only one class of members. The members are”

“defined in the bylaws but include (1) All record owners”

“of parcels of property in the assessment district”

“created in accordance with the Utah Assessment Area Act”

“(basically just commercial properties within the district);”

“and (2) Any public or government entities, non-profit”

“and religious organizations that own property in the”

“assessment district and that pay an annual voluntary”

“membership contribution to the organization. The members”

“will elect 6 of the 10 directors and the voting interest”

“of a member will be based on the proportion of the total”

“assessment and voluntary dues paid by the member.”

“The members will elect 6 of the directors in proportion”

“to their share of assessment and any voluntary dues paid”

“by members. The assessment district is divided into 3”

“tiers in accordance with the bylaws of the organization.”

“Each Tier is then divided into a north and south section;”

“thereby creating 6 different "areas" within the”

“assessment district. In addition, 4 members will have”

“the right to appoint a director. These 4 members are”

“Provo City, NuSkin Enterprises, Inc., Zions Bancorportion,”

“Telephone 1050. 1050. Startup costs meals 1726. 1726. Contract labor 105. 105. Bank charges 1826. 1826. Dues and subcriptions 223. 223. Center street improvements 63. 63.”

“and PMH Investers,LLC.”