City Council

3-B. CONSIDERATION AND POSSIBLE ACTION TO ADOPT A RESOLUTION SUSPENDING COLLECTION OF BUSINESS LICENSE TAXES FOR THE FIRST YEAR OF A NEW BUSINESS AND ESTABLISHING AN IN-LIEU BUSINESS LICENSE TAX FOR VENDORS PARTICIPATING IN A CITY HOSTED EVENT It is recommended that the City Council consider: (1) Adopting a Resolution suspending business license taxes for the first year a new business opens in the City grossing $500,000, or less; (2) Adopting a Resolution establishing an in-lieu business license tax for vendors participating in a City hosted event to $25 annually; and (3) Taking such additional, related, action that may be desirable. CEQA (California Environmental Quality Act): The Resolution is exempt from additional review under the California Environmental Quality Act (Public Resources Code §§ 21000, et seq., "CEQA") and CEQA Guidelines (14 California Code of Regulations §§ 15000, et seq.) because it does not involve any commitment to a specific project which could result in a potentially significant physical impact on the environment and constitutes an administrative activity that will not result in direct or indirect physical changes in the environment. Accordingly, the Resolution does not constitute a "project" that requires environmental review (see specifically CEQA Guidelines § 15378(b) (2, 5).