(a)   A New Business Tax Incentive Program is hereby created, providing for the rebate of certain portions of City property tax to owners of certain new businesses within the City of Pleasanton, when those businesses meet the requirements outlined in the Business Tax Incentive Program Policy, a copy of which is attached to the adopting ordinance and incorporated herein by reference.

(b)   City staff is directed to prepare necessary forms and procedures to implement said Program, and to establish and maintain thorough records of the Program.

(c)   The City Administrator is authorized to make all necessary determinations as to eligibility and compliance with the program.

(d)   Applicants or participants may appeal any detrimental determination in writing, explaining in detail the reason for the appeal. Appeals shall be submitted to the City Clerk. Appeals will be heard by the City Council within 45 days of the filing of said written appeal.

(Ord. 2029; Code 2024)