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ATTY/RESO.0047/CC RESO CALLING ELECTION – BUSINESS LICENSE TAX RATE REV: 07-24-24 EI Page 2 of 5 WHEREAS, the City of Redwood City established a Business License Tax Reform Ad Hoc Committee for the purpose of analyzing the City’s economic conditions, engaging in community outreach, receiving stakeholder feedback, and making recommendations for modernizing the City’s Business License Tax; and WHEREAS, the ordinance attached hereto as Attachment A and incorporated herein by reference (the “Ordinance”) incorporates the Ad Hoc Committee’s recommendations and would increase the rate of the City’s Business License Tax; and WHEREAS, Government Code section 53724 authorizes the City Council, by a two-thirds vote of all its members, to propose a general tax; and WHEREAS, Elections Code section 9222 authorizes the City Council to submit an ordinance directly to the voters; and WHEREAS, the California Constitution, Article XIIIC, Section 2(b), requires that a proposed tax be submitted to the voters at a general municipal election; and WHEREAS, on June 24, 2024 by separate action the City Council called for holding a general municipal election for four municipal officers to be consolidated with the November 5, 2024 statewide general election; and WHEREAS, this Council desires to call an election for the measure modernizing the categories of businesses subject to the City’s Business License Tax and increasing the Business License Tax rate, and consolidate that election with the Statewide General Election and General Municipal Election. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDWOOD CITY, AS FOLLOWS: SECTION 1. Proposal to Impose a General Tax. The City Council proposes to impose the general tax set forth in the Ordinance, Exhibit A (attached hereto), which is incorporated herein. The proposed type of tax is an annual business license tax to support general city services, the rate of tax consists of a $90 annual registration fee for each business plus an incremental rate ranging from $10 to $250 per employee depending on the type of business, as set forth in the Ordinance. The City Council may change the rates up to the maximum rates set forth in the Ordinance. The rates are subject to annual inflation adjustments. The method of tax collection is as provided in The City of Redwood City Municipal Code, Chapter 32, Article V, Divisions 2, 3 and 4. SECTION 2. Calling the Election and Request for Consolidation. Pursuant to the City Charter and Elections Code sections 9222 and 10403, the City Council hereby calls an election to be consolidated with the City’s general municipal election and statewide general election to be held on November 5, 2024, for the purpose of submitting the proposed measure to modernize the categories of businesses subject to the City’s Business License Tax and increase the Business License Tax rate described above and