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HomeMy WebLinkAbout89-187 - Establishing Annual Bingo License FeeRESOLUTION NO. 89-187 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, ESTABLISHING AN ANNUAL BINGO LICENSE FEE. THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, California Penal Code Section 326.5 enables cities to charge fees for licensing of Bingo, provided that the fee shall not exceed $50.00 annually, or 1 percent of gross monthly receipts in excess of $5,000.00; and WHEREAS, the City hired Vertex Cost Systems, Incorporated, a Financial Consultant, to conduct an assessment of cost recovery associated with issu- ance of permits of licenses; and WHEREAS, Consultant has assisted in determining that actual cost associated with issuance of a Bingo License is in excess of $50.00; and WHEREAS, the City Council finds that there are economic and social benefits to the City from the establishment of this fee; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa Mesa that an annual Bingo License Fee of $50.00, or 1 percent of gross monthly receipts in excess of $5,000.00, be initiated upon the effec- tive date of Ordinance 89-31. BE IT FINALLY RESOLVED that the above fee will be evaluated once a year as part of the Annual Fee Study. PASSED AND ADOPTED this 4th day of December, 1989. ATTEST: C y Clerk of the City of Costa sa Mayor of the Cite Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF COSTA MESA ) I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and fore- going Resolution No. 89-187 was duly and regularly passed and ,adopted by the said City Council at a regular meeting thereof held on the 4th day of December, 1989. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 5th day of December, 1989. y Clerk and ex -officio Clerk o the City Council of the City of Cos Mesa