Local elected officials attended the NAIOP SV’s Annual BBQ on September 7th. Mayor Sam Liccardo was the headliner and the only elected official invited to address the membership. This is Mayor Liccardo’s last attendance as the Mayor of San Jose and he was well received with cheers by members for his support of economic development
On July 21st, the NAIOP Silicon Valley Board of Directors invited San Jose Mayoral candidates to meet the board during their July meeting. The candidates were invited to provide written responses to a standard set of questions for the Board to review in advance of their meeting. Questions related specifically to candidates’ perspectives on commercial
Recently, NAIOP Silicon Valley reported that the City of Sunnyvale was considering a tax. Below, NAIOPSV provides a play-by-play of council action, and what to expect next.
The First Vote.
The City of Sunnyvale Councilmembers voted 3-3 to place the measure on the ballot with Vice Mayor Cisneros absent.
The motion failed and thereby the City Council
City of Santa Clara Voted to Raise Taxes at a Reduced Rate
The City of Santa Clara voted to place a head count tax measure on the November ballot. After more than 3 hours of discussions, on July 12 Council voted 5-2 (Mayor Gillmor and CM Watanabe dissenting) to place a flat $45 per employee head
Palo Alto council members voted 6-1 during a special meeting on Wednesday August 10th only two days before the deadline to place a 7.5 cent tax per square foot of office space for all non-exempt businesses above 10,000 square feet. The tax measure includes an annual cap of $500,000 annually, and a flat 2.5%
To deter yet another Silicon Valley City Tax, NAIOP Silicon Valley urges all members to call or email the Council Members of the City of Sunnyvale to discourage yet another tax without proper outreach with commercial property owners.
The City Council of Sunnyvale sponsored a study issue to explore a 2022 General Election ballot measure to modify the Real Property