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SR-712-001 - CA:RMM:r.md499a/hpca city Council Meeting 6-23-B7 ///;Z~OD/ It Santa Monica, California STAFF REPORT g-B JUN 2 3 198"1 TO: Mayor and City Council FROM: City Attorney SUBJECT: Ordinance Amending Santa Monica Municipal Code Section 6601A to Increase the Transient Occupancy Tax Rate At its meeting on June 16, 1987, the City Council introduced for first reading an ordinance amending Santa Monica Municipal Code Section 6601A to increase the transient occupancy tax rate from its current rate of 2% of the total amount paid for room rental to 4% of the total amount paid for room rental. The ordinance is now presented to the City Council for adoption. RECOMMENDATION It is respectfully recommended that the accompanying ordinance be adopted. PREPARED BY: Robert M. Myers, city Attorney Y-B JUN 23 1987