Res19 15771 - Laserfiche WebLink

Browse Search

05/20/2019 goals, the City Council deems it advisable and in the best interests of the City to adopt the Short-term Rental Registration Fee as set forth on Exhibit A, which is attached hereto and incorporated herein by reference (the "Proposed Short Term Rental Registration Fee"); and WHEREAS, registration, if approved by the City, shall be valid and registration fee shall be payable on a fiscal year basis, which begins on July 1 and ends on June 30 of the following year; and WHEREAS, the Proposed Short Term Rental Registration Fee will be prorated, such that if registration occurs after September 30, the fee will be reduced by twenty-five percent (25%), and if registration occurs after March 31and before July 1, the fee will be reduced by seventy-five percent (75%), as set forth in Exhibit A: and WHEREAS, a duly -noticed public hearing was held by the City Council on May 20, 2019 regarding the adoption of the Proposed Short-term Rental Registration Fee; and WHEREAS, at least ten (10) days prior to the public hearing, the City made available to the public data indicating the amount of cost, or estimated cost, required to provide the services for which the Proposed Short-term Rental Registration Fee will be charged and the revenue sources anticipated to provide the services, including general fund revenues. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDWOOD CITY AS FOLLOWS: 1. The above recitals are accurate, constitute findings in this matter, and are hereby incorporated into this reference. 2. The amount of the Proposed Short -Term Rental Registration Fee does not exceed the estimated amount or the reasonable costs required to provide the service for which the fee or service charge is levied. 3. The Proposed Short -Term Rental Registration Fee is hereby approved and adopted. 4. Commencing on July 1, 2020 and on July 1 of each fiscal year thereafter, the Proposed Short -Term Rental Registration Fee shall be administratively revised and increased annually by a factor equal to the net change in average City salaries and benefits costs for that fiscal year. Such ATTY/RESO.0048/CC RESO SHORT TERM RENTALS RESO. NO. 15771 REV: 05-13-19 PR MUFF NO. 205 Page 2 of 3