Loading...
HomeMy WebLinkAboutRES 23-7388 (CANNABIS TAX RATE)Page 1 of 1 RES NO. 23-7388 CITY OF HERMOSA BEACH RESOLUTION NO. 23-7388 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA ESTABLISHING A CANNABIS BUSINESS TAX RATE IN ACCORDANCE WITH HERMOSA BEACH MUNICIPAL CODE CHAPTER 3.44 WHEREAS, At its July 26, 2022 meeting, City Council adopted a resolution calling for the placement of a measure on the ballot for the November 8, 2022 General Municipal Election for the submission to the qualified voters of an ordinance adding Chapter 3.44 to Title 3 (Revenue and Finance) of the Hermosa Beach Municipal Code, establishing local business tax on cannabis businesses operating within the City of Hermosa Beach up to $20.00 per square foot for cultivation and up to 10 percent of gross receipts for all other cannabis businesses should the industry-sponsored initiative pass or the Council allow delivery at any time in the future; WHEREAS, the Cannabis Business Tax Measure, identified as Measure T on the ballot, was approved by the voters in the November 8, 2022 General Municipal Election; and WHEREAS, the maximum rates outlined in HBMC Chapter 3.44 may be adjusted by the City Council by ordinance or resolution, subject to the maximum rates set by the voters. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. Staff recommends City Council establish a Cannabis Business Tax Rate of five percent (5%) of gross receipts generated by a cannabis business activity for operation of a testing laboratory, retail sales, distribution, manufacturing and/or processing for cannabis, cannabis products, industrial hemp and/or industrial hemp products, or any other type of cannabis business not described in Section 3.44.050. PASSED, APPROVED and ADOPTED on this 12th day, September 2023. Mayor Raymond A. Jackson PRESIDENT of the City Council and MAYOR of the City of Hermosa Beach, CA ATTEST: APPROVED AS TO FORM: Myra Maravilla, MPA, CMC Patrick Donegan, City Clerk City Attorney DocuSign Envelope ID: A2F4232F-EB56-4AE7-9AB6-E4122A6E8B6A State of California ) County of Los Angeles ) ss City of Hermosa Beach ) October 2, 2023 Certification of Council Action RESOLUTION NO. 23-7388 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA ESTABLISHING A CANNABIS BUSINESS TAX RATE IN ACCORDANCE WITH HERMOSA BEACH MUNICIPAL CODE CHAPTER 3.44 I, Myra Maravilla, City Clerk of the City of Hermosa Beach do hereby certify that the above and foregoing Resolution No. 23-7388 was duly approved and adopted by the City Council of said City at its regular meeting thereof held on the 12th day, September 2023 and passed by the following vote: AYES: MAYOR JACKSON, MAYOR PRO TEMPORE MASSEY, and COUNCILMEMBER SAEMANN NOES: COUNCILMEMBERS DETOY and FRANCOIS ABSTAIN: NONE ABSENT: NONE ________________________________ Myra Maravilla, MPA, CMC City Clerk DocuSign Envelope ID: A2F4232F-EB56-4AE7-9AB6-E4122A6E8B6A