Measure V - City of East Palo Alto
Shall a measure to impose an increase to the City's current Transient Occupancy Tax rate of 12%, paid by a person who rents a hotel room, by a 1% increase on January 1, 2022, and another 1% on January 1, 2023, for a total rate of 14%, estimated to raise $195,000 the first year, and $390,000 annually thereafter, for affordable housing development, acquisition and rehabilitation activities, which shall continue unless repealed by the voters, be adopted?
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