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appropriate not greater than the business license tax rate of up to ten (10%) percent <br />authorized by Measure BB. <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 />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 4th day of October, 2022. <br />Vicente Sarmiento <br />Mayor <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho, City Attorney <br />By: Ili, <br />Jo M. Funk <br />Chief Assistant City Attorney <br />AYES: Councilmembers Hernandez Lopez Mendoza Penaloza, <br />Phan Bacerra Sarmiento (7) <br />NOES: Councilmembers None (0) <br />ABSTAIN: Councilmembers None (0) <br />NOT PRESENT: Councilmembers None (0) <br />Resolution No. 2022-079 <br />Page 2 of 3 <br />