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CC - (1) Adoption of a Resolution to Place on the November 3, 2020 General Election Ballot One Ballot Measure Amending Culver City Municipal Code Section 3.08.400 to Increase the Real Property Transfer Tax on Real Property Transfers or Sales of $1,500,000 or Greater, Authorizing the City Council and/or Certain Council Members to Submit Primary Ballot Arguments Regarding the Ballot Measure, and Approving Rebuttal Arguments; (2) Potential Creation and Appointment of City Council Members to an Ad-Hoc Subcommittee to Draft and/or Submit Such Ballot Argument(s); (3) Instruction to the City Clerk to Post a Notice Setting the Date After Which No Arguments May be Submitted; and (4) Instruction to the City Attorney to Prepare the Impartial Analysis for the Ballot Measure.
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Meeting Date: August 3, 2020
Contact Person/Dept: Jesse Mays, Assistant City Manager
Phone Number: 310-253-6000
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Public Hearing: [] Action Item: [X] Attachments: Yes [X] No []
Commission Action Required: Yes [] No [x] Date:
Commission Name:
Public Notification: (E-Mail) Meetings and Agendas - City Council, Culver City News and Events, Chamber of Commerce, Fiscal and Budget Issues, Public Notifications, Finance Authority, Ballot Measure Updates, Press Organizations, Media Organizations (07/31/2020)
Department Approval: Serena Wright-Black, Acting City Manager (07/30/2020)
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RECOMMENDATION:
Staff recommends the City Council: (1) Adopt a Resolution (Attachment 1) to place on the November 3, 2020 General Election ballot one ballot measure amending Culver City Municipal Code ("CCMC") Section 3.08.400 to increase the Real Property Transfer Tax on real property transfers or sales of $1,500,000 or greater, authorizing the City Council and/or certain Council Members to submit...
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