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File Number: 19-332 <br />competitiveness of local San Leandro-based cannabis businesses; and <br />WHERAS, based on these factors, the City Council desires to delay for an additional year <br />the increase in the tax rate that was set to take effect on July 1, 2019. <br />NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br />follows: <br />That said cannabis business tax rate is hereby set at 6% of gross receipts, which shall <br />remain in effect until June 30, 2020. Unless subsequently modified by future action of the City <br />Council, the tax rate shall then increase to 7% of gross receipts effective July 1, 2020, and then <br />increase to 8% of gross receipts effective July 1, 2022. <br />Page 2 City of San Leandro Printed on 6/12/2019 <br />251