Section 1.  Repeal Resolution No. 07-18594:  City of Billings Resolution No. 07-18594 is hereby repealed on this date and shall have no further authority or effect on the governance of the Tourism Business Improvement District No. 0002, however, all prior lawful acts by the Board of Trustees are hereby affirmed.

Section 2.  Tourism Business improvement District No. 0002 Board of Trustees:  The Tourism Business Improvement District No. 0002 Board of Trustees is hereby created.  There shall be seven (7) Trustees.

Section 3.  Board Appointments:  The Board of Trustees for the Tourism Business Improvement District No. 0002 shall be as follows and their terms shall be as shown.  All terms begin July 1, 2009.  After the initial term, all subsequent Trustees shall be appointed to four (4) year terms, except that a vacancy occurring during a term will be filled for the unexpired term.  The unexpired term shall be filled in the same manner as other vacancies.  The initial Board Chair shall be Shelli Mann, who shall serve a one (1) year term in that office. Subsequent Chair persons shall serve one (1) year terms and shall be selected by the Board.

Section 4.  Powers and Duties of Trustees:  The appointed Trustees shall have the powers and duties set out in Sections 7-12-1121 through 7-12-1133, M.C.A. and any other applicable laws, ordinances or regulations. The Board of Trustees shall submit to the City Council for approval, a work plan and budget for the ensuing fiscal year, no later than the first (1^st) day of May preceding the beginning of the fiscal year for which the work plan and budget apply.  The City Council may modify the work plan and budget as it considers necessary and appropriate.