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Resolution No. 2022-XXX <br />Page 4 of 5 <br /> <br />manufacturing activities at zero ($0) dollars per square foot, lowering it from ten ($10) <br />dollars per square foot; and (3) the commercial cannabis square footage tax for <br />distribution activities at three ($3) per square foot, lowering it from four ($4) per square <br />foot. The reduced seven ($7) per square foot tax rate for cultivation activities and <br />manufacturing activities, the reduced zero ($0) per square foot tax rate for consumption <br />lounge and temporary consumption/special events and shared manufacturing, and the <br />reduced three ($3) per square foot tax rate for distribution activities shall become effective <br />July 1, 2022. <br /> <br />Section 4. This Resolution shall take effect immediately upon its adoption by the <br />City Council, and the Clerk of the Council shall attest to and certify the vote adopting this <br />Resolution. <br />ADOPTED this ____ day of ___________________, 2022. <br /> <br /> <br /> <br /> <br /> Vicente Sarmiento <br /> Mayor <br /> <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho, City Attorney <br /> <br />By: <br />John M. Funk <br />Senior Assistant City Attorney <br /> <br /> <br />AYES: Councilmembers <br /> <br />NOES: Councilmembers <br /> <br />ABSTAIN: Councilmembers <br /> <br />NOT PRESENT: Councilmembers _ <br /> <br /> <br /> <br /> <br /> <br />Exhibit 2