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O 520 C.S. ORDINANCE NO. 520 C.S. AN ORDINANCE OF THE CITY OF ARROYO GRANDE AMENDING SECTION 3-3.303 OF THE ARROYO GRANDE MUNICIPAL CODE RELATING TO TRANSIENT OCCUPANCY TAX RATES The People of the City of Arroyo Grande do hereby ordain as follows: . Section 1. Purpose It is the intent of this ordinance to increase funds in order to offset revenue losses due to State budget cut-backs. Section 2. Type of Tax A Transient Occupancy Tax is a General Tax as defined in Government Code Section 53721. The tax is imposed for General Governmental Purposes. Section 3. Transient Occupancy Tax Section 3-3.303 of the Arroyo Grande Municipal Code is hereby amended to read as follows: For the privilege of occupancy in any hotel, each transient shall be subject to and shall pay a tax in the amount of ten percent (10%) of the rent charged by the operator. Such tax shall constitute a debt owed by the transient to the City, which debt shall be extinguished only by payment to the operator or to the City. The Transient shall pay the tax to the operator of the hotel at the time the rent is paid. If the rent "is paid in installments, a proportionate share of the tax shall be paid with each installment. The unpaid tax shall be due upon the transient's ceasing to occupy space in the hotel. If for any reason the tax due is not paid to the operator of the hotel, the Financial Services Director may require that such tax be paid directly to the Financial Services Director. Section 4. Effective Date of Tax Increase The tax rate authorized by this ordinance shall commence on January 1,2001. ORDINANCE NO. 520 C.S PAGE 2 Section 5. Authoritv to Adopt Measure This ordinance and the tax authority herein is enacted pursuant to the provisions of Section 7280 of the California Revenue and Taxation Code, and in compliance with the California Constitution Article XIII A, Section 4 and Article 3.7 of Chapter 4 of Part 1, of Division 2 of Title 5 of the California Government Code commencing with Section 53720. Section 6. Severabilitv If any section, subsection, sentence, phrase or clause of this ordinance is for any reason held to be unlawful, such decision shall not affect the validity of the remaining portion of this ordinance or any part thereof. The people of Arroyo Grande hereby declare that they have adopted the ordinance and each section, subsection, sentence, phrase or clause thereof, irrespective of the fact that any one or more section, subsection, sentence, phrase or clause be declared unlawful. Section 7. Effective Date of Ordinance This ordinance shall go into effect ten days after adoption, pursuant to Elections Code Section 9217.