(INITIATIVE) Shall an ordinance rescinding the City of Laguna Beach's prohibition of medical marijuana dispensaries, allowing for one dispensary for every 10,000 residents, and adopting regulations providing for administrative approval process, operator priority registration, operating standards, distance requirements from residential areas and schools, and which could allow the sale of marijuana for recreational use, known as An Initiative Measure Rescinding the City of Laguna Beach's Ban on Medical Marijuana Dispensaries and Authorizing the Operation and Regulation of Medical Marijuana Dispensaries, be adopted?

To provide services and improvements needed to accommodate millions of annual visitors, protect beaches from pollution and provide fire, police protection and emergency response, parking, utility undergrounding to prevent fires and power outages, and other services and improvements, shall City of Laguna Beach adopt an ordinance increasing transient occupancy taxes paid only by hotel and other rental guests from 10% to 12% until ended by voters, providing approximately $2,000,000 annually, with audits, all funds only for Laguna Beach?