Palm Springs

City Council

February 28, 2024 Order of Business 3 #A

Agenda Item A

A. SECOND READING (ADOPTION) OF AN ORDINANCE AMENDING SECTION 3.42.020 AND CHAP\nSPRINGS MUNICIPAL CODE, REGARDING THE TAXATION AND REGULATION OF CANNABIS IN\nREADING (INTRODUCTION) OF AN ORDINANCE PROVIDING THAT CANNABIS DISPENSARY BU\nAPPLICATIONS WILL NOT BE ACCEPTED, PROCESSED OR APPROVED BY THE CITY, BETWEE\nAND DECEMBER 31, 2027; AND ADOPTION OF A RESOLUTION REDUCING THE CANNABIS BU\nRATE ON RETAIL TO FIVE PERCENT (5%), AND ALLOCATING A CERTAIN PERCENTAGE OF TA\nUSED FOR CERTAIN PURPOSES\nRECOMMENDATION:\n1. Waive the full reading of the text in its entirety, read by title only, and conduct a second reading (ad\nordinance: Ordinance No. 2093, “AN ORDINANCE OF THE CITY OF PALM SPRINGS, CALIFOR\nSECTION 3.42.020 AND CHAPTER 5.55 OF THE PALM SPRINGS MUNICIPAL CODE, REGARD\nAND REGULATION OF CANNABIS IN THE CITY”;\n2. Waive the full reading of the text in its entirety, read by title only, and conduct a first reading (introd\nordinance: Ordinance entitled, “AN ORDINANCE OF THE CITY OF PALM SPRINGS, CALIFORN\nPALM SPRINGS MUNICIPAL CODE TO PROVIDE THAT CANNABIS DISPENSARY BUSINESS\nWILL NOT BE ACCEPTED, PROCESSED OR APPROVED BY THE CITY, BETWEEN JANUARY\nDECEMBER 31, 2027”; and\n3. By motion, adopt the following resolution: Resolution entitled, “A RESOLUTION OF THE CITY CO\nPALM SPRINGS, CALIFORNIA, REDUCING THE CANNABIS BUSINESS ACTIVITY TAX RATE O\nPERCENT (5%), AND ALLOCATING A CERTAIN PERCENTAGE OF TAXES COLLECTED TO BE\nPURPOSES.”\nClick to View