Measure BE - City of Monterey Park

Shall an ordinance, without increasing taxes on residents, updating/simplifying City of Monterey Park’s 35-year-old business license tax rates, ensuring fairness to all businesses and helping fund general city services, including keeping public/business areas safe/clean; preventing crime/thefts; strengthening the local economy; by revising the tax rate to 0.00075 per $1,000 of gross receipts ($75 yearly minimum tax), generating approximately $1,200,000 annually until ended by voters, requiring spending disclosure, funds locally controlled, be adopted?