Waikiki Beach Special Improvement District Association

“The association is exempt from the annual hawaii charity law filing. This exemption was approved by the state of hawaii attorney general's office in charge of compliance.”

“The association shall have three classes of membership: (i) class a members shall consist of the assessed fee simple owners and ground lessees of record of the real property located within the waikiki beach sid, provided however that city and county of honolulu shall not be eligible for class a membership; (ii) class b members shall consist of the commercial tenants leasing space within the waikiki beach sid who have applied for and be admitted to membership in accordance with the procedures set forth in the bylaws; and (iii) class c members shall consist of fee owners and ground lessees of record of the real property located within the waikiki sid who are exempt from paying assessments under the bylaws, nonvoting ex officio members of the board of directors, and such other persons having an interest in the charitable purpose of the corporation (each of whom, where applicable, has applied for and been admitted to membership in accordance with the procedures set forth in the bylaws).”

“Voting rights shall be reserved to the class a and class b members only and shall be weighted in accordance with the bylaws. Voting rights for each class a member shall be based on the amount of assessment paid or to be paid by the class a member under the plan. Voting rights for each class b member shall be based on the amount of square feet of net rentable commercial space leased by the class b member in the waikiki beach sid.”

“Reviewed by the executive committee before filed with the internal revenue service.”

“Monitored and enforced by governing board”

“Documents made available upon request”

“The waikiki beach special improvement district is dedicated to carrying out and executing the responsibilities and activities prescribed in the waikiki beach special improvement district plan for the city and county of honolulu special improvement district no. 3, established by ordinance of the city council, city and county of honolulu, and prepared and sponsored by the waikiki improvement association pursuant to hawaii revised statute 46-80.5 and revised ordinances of honolulu 1990, chapter 36; to relieve the burdens of government and enhance the quality of life in waikiki; to work in partnership with government and the private sector to develop and implement programs that promote the overall vitality of waikiki beach and the state of hawaii by strengthening their roles on behalf of all residents of hawaii as a world-class resort destination for visitors; to operate exclusively for charitable, religious, literary, educational, and scientific purposes, within the meaning of section 501(c)(3) of the internal revenue code, including for such purposes, the making of distributions to organizations that qualify as tax-exempt organizations under section 501(c)(3) of the internal revenue code of 1986 (or future corresponding provisions.)”

“Waikiki beach coordinator 170,425 0 0”