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CITY OF SAN LEANDRO STAFF REPORT Date: July 12, 2000 To: John Jermanis, City Manager From: Gayle Petersen, City Clerk r APPROVED AND FORWARDED TO CITY COUNCIL 1-1;�Iezo . �20M Jo . Jermanis �f-Ci anager (107a Subject: Petitions Submitted Regarding the Repeal of the Real Property Transfer Tax SUMMARY AND RECOMMENDATION ark M .O , The City Clerk received Petitions regarding the Real Property Transfer Tax which have been reviewed and signatures verified, therefore rendering the petitions sufficient. The City Council must now act set the issue for an election to take place no earlier than 88 days from the date of certification of the petitions from the City Clerk. BACKGROUND On June 6, 2000 the proponents to repeal the Real Property Transfer Tax, submitted to the City Clerk, 12 sections of petitions consisting of 1,648 signatures, requesting an Initiative to Repeal of the City of San Leandro's Real Property Transfer Tax. After reviewing the petitions for completeness, they were forwarded to the County Registrar of Voters for signature verification on June 7, 2000. Pursuant to Elections Code 9114, the City Clerk has 30 days from the date of the filing of the petitions, excluding Saturdays, Sundays, and holidays, to examine the petition, and to verify that the requisite number of voters signed the petition. DISCUSSION As of the date of submittal of the petition, the official number of registered voters within the City of San Leandro was 35,289. The total number of valid signatures required to deem the petitions sufficient is 5% of the registered voters who voted at the last Gubernatorial Election held in November 1998. The total number of voters who voted at that election was 19,270, resulting in a total of 963 valid registered voter signatures being required. 4493