ORD 202ORDINANCE NO. 202
AN URGENCY ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF LA QUINTA, CALIFORNIA, AMENDING SECTION
3.24.050 OF THE LA QUINTA MUNICIPAL CODE TO REQUIRE
OPERATORS TO PLACE TRANSIENT OCCUPANCY TAX
COLLECTIONS IN A SEPARATE BANK ACCOUNT IN TRUST FOR
THE CITY OR TO GUARANTEE PAYMENT OF TRANSIENT
OCCUPANCY TAXES COLLECTED BY POSTING A BOND
WHEREAS, Section 3.24.050 of the La Quinta Municipal Code
required that all transient occupancy taxes collected by
operators are to be held in trust for the account of the City
until payment of such taxes is made to the tax administrator;
and
WHEREAS, transient occupancy taxes are a primary source of
revenues to the City of La Quinta, without which the programs
and operations of the City would be seriously impaired; and
WHEREAS, certain operators in the City may be subject to
financial difficulties, including bankruptcy, which is a
serious potential detriment to the City's collection of
transient occupancy taxes from such operators; and
WHEREAS, any potential inability of the City to obtain from
operators the transient occupancy taxes collected by operators
on behalf of the City poses a serious threat to the public
health, safety, and general welfare of the City in that it
places in jeopardy the funding of City operations and programs.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LA QUINTA
DOES ORDAIN AS FOLLOWS:
Section 1. The following sentence shall be added as the
last sentence to Section 3.24.050 of the La Quinta Municipal
Code as follows:
All taxes collected by o
chapter shall be held in
trust for the benefit of
thereof is made to the t
lieu of such separate ba
post a bond guaranteeing
equal to two (2) months
tax administrator.
Aerators pursuant to this
a separate bank account in
the City until payment
ax administrator, or in
nk account an operator may
payment of such taxes,
tax as determined by the
ordinance No. 202
motion 2. The City Council finds and determines that
there is a current and immediate threat to the public health,
safety, and general welfare for the reasons demonstrated by the
recital above that requires this urgency ordinance be enacted
as provided herein.
Section 3. This ordinance is hereby declared an urgency
measure and shall take effect on February 18, 1992.
Section 4. The City of La Quinta shall certify to the
passage and adoption of this ordinance and shall cause the same
to be published and posted in the manner required by law.
PASSED, APPROVED AND ADOPTED this 18th day of February, 1992
by the following vote:
AYES:
NOES:
ABSENT:
Councilmembers Bohnenberger, Franklin, Rushworth
Sniff & Mayor Pena
None
None
ABSTAIN: None
AT ST:
UNDRA L. JUHOtA, City Clerk,
City of La Quinta, California
APPROVED AS TO FORM:
�l
DAWN HONEYWELL, ity Attorney
STRADLING, YOCCA, CARLSON & RAUTH
Pic Q P-4 j
JO PENA, Mayor
City of La Quinta, California
02/04/92
9360u/2588/000 -2-
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF LA QUINTA )
I, SAUNDRA L. JUHOLA, City Clerk of the City of La Quinta,
California, do hereby certify the foregoing to be a full, true and
correct copy of Ordinance No. 202 which was introduced and adopted
on the 18th day of February 1992 as an urgency measure. Said
ordinance also had a second reading on the 2nd day of March, 1992.
I further certify that the foregoing
(3) places within the City of La
re o ution of the City Council.
SAUNDRA L. JUHOLA, City Clerk
City of La Quinta, California
ordinance was posted in three
Quinta as specified in a
DECLARATION OF POSTING
I, SAUNDRA L. JUHOLA, City Clerk
California, do hereby certify that
po ed on February 26, 1992 pursuant
SAUNDRA L. JUH A, City Clerk
City of La Quinta, Californial
of the city of La Quinta,
the foregoing Ordinance was
to City Council Resolution.