Provide potential June 2, 2026, ballot measure options and proposed language as directed by Council, election timeline and legal requirements, and present City Council with a recommendation of potential local revenue measures for placement on ballot - Option A: Adopt a Resolution ordering, calling, providing for and giving notice of a Municipal Election to be held on June 2, 2026 for the placement of a General Tax Measure on the ballot for the purpose of submitting to the qualified electors of the City of Riverside, a measure to renew the City’s Transaction and Use Tax (Sales Tax) at an updated one and one quarter percent rate until ended by the voters - Waive further reading - Introduce an Ordinance amending Chapter 3.08 of the Riverside Municipal Code regarding the City of Riverside Transaction and Use Tax; Option B: Adopt a Resolution ordering, calling, providing for and giving notice of a Municipal Election to be held on June 2, 2026, for the purpose of submitting to the qualified electors of the City of Riverside, a measure to adopt a Supplemental Transaction and Use Tax (Sales Tax) at the rate of one quarter percent - Waive further reading - Introduce an Ordinance adding Chapter 3.09 to the Riverside Municipal Code regarding the City of Riverside Supplemental Transaction and Use Tax; Option C1: Adopt a Resolution ordering, calling, providing for and giving notice of a municipal election to be held on June 2, 2026 for the purpose of submitting to the qualified electors of the City of Riverside, a measure to renew the City’s existing Transaction and Use Tax (Sales Tax) until ended by the voters - Waive further reading - Introduce an Ordinance amending Chapter 3.08 of the Riverside Municipal Code regarding the City of Riverside Transaction and Use Tax; Option C2: Adopt a Resolution ordering, calling, providing for and giving notice of a Municipal Election to be held on June 2, 2026 for the purpose of submitting to the qualified electors of the City of Riverside, a measure to update the City’s Transient Occupancy Tax until ended by the voters - Waive further reading - Introduce an Ordinance amending Chapter 5.32 of the Riverside Municipal Code regarding the City of Riverside Transient Occupancy Tax - Consent to Registrar of Voters rendering election services to City as requested by City Clerk and as stated in the Memorandum of Understanding with County of Riverside - Direct City Clerk to transmit a copy of measure to City Attorney for preparation of an impartial analysis - Determine if Mayor or Members of the City Council wish to author ballot arguments - Direct City staff to develop and implement a stakeholder/outreach plan to educate and inform residents and businesses of the proposed revenue measure - Five affirmative votes required (City Manager) (All Wards) (20-minute presentation)