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Meeting Name: City Council/Public Finance and Economic Development Authority/Parking Authority Agenda status: Final
Meeting date/time: 3/8/2018 6:00 PM Minutes status: Final  
Meeting location: City Council Chamber, 2nd Floor, Merced Civic Center, 678 W. 18th Street, Merced, CA 95340
Published agenda: Full Agenda Packet Full Agenda Packet Published minutes: Minutes Minutes  
Meeting video:  
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18-125 1C.1. Consent ItemSUBJECT: Consideration of Amending Section 1. of Previously Submitted Commercial Cannabis Business Tax Ballot Measure Ordinance REPORT IN BRIEF Considers amending Section 1. of the submitted ordinance for the Commercial Cannabis Business Tax Measure to allocate funding by percentage to parks and recreation, fire, and police services. RECOMMENDATION City Council - Adopt a motion: A. Amending the submitted ordinance to include language to allocate funds raised by the tax with specific minimum percentages to parks and recreation, fire and police services by choosing option 1 or 2; and, OPTION ONE SECTION 1. Special Tax. The Commercial Cannabis Business Tax is enacted solely to raise revenue for specific governmental purposes for the City of Merced and not for purposes of regulation. All of the proceeds from the tax imposed by this Ordinance shall be used exclusively to fund local police and fire protection services and parks and recreation services and cannot be spent for any other purpose. Parks/recreation services shall receive a minimum of twenty percent (20%) of the tax approvedPass Action details Video Video