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Resolution No. 2022-XXX <br />Page 2 of 3 <br /> <br />appropriate not greater than the business license tax rate of up to ten (10%) percent <br />authorized by Measure BB. <br /> <br />Section 2. The City Council hereby establishes the marijuana <br />collectives/cooperatives gross receipts tax rate at five (5) percent, lowering it from six (6) <br />percent. The five (5%) percent gross receipts tax rate shall become effective January 1, <br />2023. <br /> <br />Section 3. This Resolution, upon its adoption by the City Council, shall take effect <br />January 1, 2023, and the Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution. <br />ADOPTED this ____ day of ___________________, 2022. <br /> <br /> <br /> <br /> Vicente Sarmiento <br /> Mayor <br /> <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho, City Attorney <br /> <br />By: <br />John M. Funk <br />Chief Assistant City Attorney <br /> <br /> <br />AYES: Councilmembers <br /> <br />NOES: Councilmembers <br /> <br />ABSTAIN: Councilmembers <br /> <br />NOT PRESENT: Councilmembers _ <br /> <br />