HomeMy WebLinkAbout1992-071 Tax Agrmt - ALAMEMORANDUM OF AGREEMENT
This agreement is entered into this ~day of ~ ,
1992 between the Mayor and City Council of the City 'of Ashland (CITY)
and the Ashland Lodging Association (ALA).
WITNESSETH
WHEREAS, the CITY approved an increase in the Transient Occupancy Tax
to 7% effective July 1, 1992; and
WHEREAS,
the ALA is concerned about this increase and the prospect of
future increases, and has indicated its intent to file either
a referendum or initiative; and
WHEREAS, it is the desire of both parties to avoid the disruption of
city services and to allow more public input into future
increases in the tax.
AGREEMENT
The ALA agrees to not pursue a referendum on the recently approved
increase to 7% in the tax, or a proposed initiative to limit the tax
to 8% without a public vote and a corresponding allocation formula,
provided this Memorandum is approved by the Mayor and City Council.
The CITY agrees that it will refer a measure to cap the tax at 7% and
subject further increases to a public vote, and that said referral to
the voters of the above measure will be at the first possible election
date following approval of the 1993-94 budget (presumably June 30,
1993).
The CITY further agrees that the tax will not be increased beyond the
current 7% between the present time and the public vote on the
proposed measure.
ASHLAND LODGING ASSOCIATION
by:
President
by:
Secretary
CITY OF ASHLAND
Catherine M. Golden
Mayor
Attest~~ ~
Nan E. Franklin
city Recorder
(d: \revenue\t ransocc. Tax)