ORD 2301 - Laserfiche WebLink

Ordinance No. 2301 Page 2 of 4 SECTION 3. Section 5.28.080 of the Pleasanton Municipal Code is hereby amended to read as follows: Section 5.28.080 System of Assessments All businesses, trades or professions within the boundaries of the district shall be subject to an annual assessment in an amount as follows: A. Assessment shall be equal to three times the amount of the annual city business license tax for all businesses located curb-side, downstairs on Main Street, except that there shall be a minimum assessment of one hundred twenty-five dollars per year and a maximum of seven hundred and fifty dollars per year. B. Assessment shall be equal to two times the amount of the annual city business license tax for all businesses with Main Street addresses located upstairs or not curb-side, except there shall be a minimum assessment of one hundred twenty-five dollars per year and a maximum of seven hundred and fifty dollars per year. C. Assessment shall be equal to one and one-half times the amount of the annual business license tax for all businesses in the district off of Main Street except there shall be a minimum assessment of one hundred twenty-five dollars per year and a maximum of seven hundred and fifty dollars per year. D. Any business exempt from the City's business license tax shall pay an annual charge of four hundred and fifty dollars per year, except as provided by subsections E and F of this section. E. Non-profit organizations that are exempt from the City's business license tax shall also be exempt from the annual assessment. F. Insurance agents who are exempt from the City's business license tax shall pay an assessment based on annual gross receipts as if their business were not exempt and the annual assessment shall be computed as in subsections A through C of this section. G. If several independent contractors are located at one business address and conducting a similar business service, the maximum charge of four hundred and fifty dollars may be charged to the owner of this business. Notwithstanding this option, each independent contractor shall obtain a business license. H. Assessments shall be adjusted annually on January 1st based on the change in the Consumer Price Index (CPI) for the San Francisco/Oakland region, rounded to the nearest dollar. SECTION 4. All of the businesses in the District established by this Ordinance shall be subject to any amendments to the provisions of the 89 Law. SECTION 5. Revenue generated from the levy of the assessments within the District shall be used to fund improvements and activities within the District and shall not be used outside the District.