There shall be levied and collected a transactions and use tax pursuant to Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue and Taxation Code and Section 7285.9 of the Revenue and Taxation Code at a rate of 1%. Such tax shall be governed by Ordinance No. O-2018-08, which was approved by the voters at the November 6, 2018 general election and by the city council on November 13, 2018.
This section of the municipal code constitutes a restatement of the existing law of the city, as Ordinance No. O-2018-08 constitutes a part of the law of the city and its provisions became effective as set forth in its text. This section is not intended to amend or change Ordinance No. O-2018-08 in any way.
The transactions and use tax imposed by Ordinance No. O-2018-08 is hereinafter referred to in this chapter as the "transactions and use tax" or "tax."
(Ord. O-2019-02 § 2, 2019)