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"#$ %&'() *+,-. //0 /1234 555 1he !C8S CoallLlon Lurned ln 33,107 slgnaLures from San ulego
voLers Loday, collecLlng Lhem over a 26-day perlod and compleLlng Lhe slgnaLure-gaLherlng
phase LhaL began uecember 27
Lh
Lo sLop Lhe [obs Lax.

We have successfully gaLhered more Lhan 33,000 slgnaLures from San ulego voLers ln an efforL
Lo repeal Lhe masslve [obs Lax Lhe councll approved laLe lasL year," +6778 ",-967:0 ;76:<96-= >
?') @A =B6 ",- %<6C@ D6C<@-,E ?B,FG67 @A ?@FF67H6, sald aL news conference surrounded by
members of Lhe !C8S CoallLlon aL Lhe San ulego CounLy 8eglsLrar of voLers.

1he CoallLlon was requlred Lo submlL 33,866 valld slgnaLures by Loday.

We belleve we have more Lhan enough slgnaLures Lo quallfy Lhls measure, whlch wlll force Lhe
San ulego ClLy Councll Lo elLher resclnd lLs voLe Lo lncrease Laxes on [ob creaLors by
approxlmaLely 373 Lo 730 percenL, or puL Lhls on Lhe balloL Lo leL voLers declde," Sanders sald.

1hls masslve ouLpourlng of supporL from San ulegans shows LhaL, desplLe Lhe councll's efforLs
Lo lmpede Lhe referendum by forclng us Lo sLarL over Lhe holldays, Lhe voLers agree wlLh our
message: Lhls Lax has an exLremely negaLlve lmpacL on [obs and our local economy and should
be repealed," he conLlnued.

"F,EE GI:<-6:: @J-67 "=6KB6- L6J sald: 1hls Lax lncrease ls forclng my famlly Lo reconslder
expandlng our buslness and creaLlng [obs ln Lhe ClLy of San ulego. 8equlrlng [obs creaLors Lo
send mllllons of dollars Lo a governmenL bureaucracy wlLh Lhe hope of creaLlng a small number
of subsldlzed houslng unlLs ls counLerproducLlve Lo growlng San ulego's economy. My famlly ls
pleased LhaL so many voLers agree and helped us reach Loday's mllesLone."

M6E<K6 N@-7@<C0 ;76:<96-= > ?') @A =B6 ",- %<6C@ ?@I-=8 O,PK,867: #::@H<,=<@-, sald: 8elng
able Lo gaLher so many slgnaLures ln 26 days, and over Lhe holldays, sLands as a clear message
LhaL Laxpayers do noL supporL [obs-kllllng lnlLlaLlves. l am confldenL San ulego voLers wlll declde
Lo defeaL Lhls Lax aL Lhe balloL box. l speak for all Lhe CoallLlon members when l say we look
forward Lo Lhe offlclal verlflcaLlon of Lhese slgnaLures so we can have a robusL campalgn. l'm
confldenL LhaL Lhe resulLs of LhaL campalgn wlll show voLers wanL [ob growLh lnlLlaLlves, noL [ob

"#$%#&'($)"#*+,$-.
kllllng lnlLlaLlves, from our elecLed offlclals."

",- %<6C@ ?<=8 ?@I-H<EF,- "H@== "B67F,- sald: 1ogeLher we can flnd a real and susLalnable
soluLlon for subsldlzed houslng, buL Lhls [obs Lax ls noL LhaL soluLlon. lmposlng a masslve Lax
lncrease on Lhe people who creaLe Lhe [obs and economlc revenue ls Lhe wrong approach."

1he !C8S CoallLlon announced ln uecember lL would work Lo overLurn a declslon approved by a
narrow 3-4 ma[orlLy of Lhe San ulego ClLy Councll Lo slgnlflcanLly lncrease Lhe [obs Lax.
SupporLers of Lhe [obs Lax call lL a llnkage fee" because of Lhe so-called llnk beLween some [obs
and subsldlzed houslng pald for by Lhe Lax. 1he CoallLlon calls lL a [obs Lax because buslnesses of
all klnds - boLh large and small, as well as nonproflLs, hosplLals and prlvaLe educaLlonal
lnsLlLuLlons - now face an addlLlonal 373 Lo 730 percenL Lax on all new buslness developmenL,
expanslon and some remodellng.

no oLher clLy ln San ulego CounLy charges a slmllar Lax, whlch ls why several nelghborlng clLles
began courLlng Cualcomm and oLher San ulego buslnesses when Lhe masslve [obs Lax lncrease
Look effecL. lf Lhe Lax lncrease ls noL overLurned, lL wlll lncrease auLomaLlcally every year
wlLhouL any approval by elecLed offlclals or voLers.

Cnce Lhe slgnaLures are verlfled, Lhe ClLy Councll wlll voLe Lo elLher resclnd lLs declslon Lo
lmpose Lhls masslve Lax lncrease on [ob creaLors, or puL Lhe lssue on Lhe balloL so voLers can
declde.

?@-=,H=:Q 1ony ManolaLos 619.349.0137 & Ashley Pause 303.919.6030

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2#0>-/9 -.0 9#>-0-*/ *2 43. ."# -003# ;#=*2# <*.#20A 5*0. ,-C#,@ -/ %3/# F7GME

ald for by SLop Lhe !obs kllllng 1ax, a CoallLlon of !obs CreaLors, Lconomlc uevelopmenL,
8uslness and 8eal LsLaLe CrganlzaLlons Concerned AbouL Lhe San ulego Lconomy, 402 WesL
8roadway, SulLe 1000, San ulego, CA 92101. Ma[or fundlng provlded by nAlC San ulego
ChapLer and Lhe San ulego 8eglonal Chamber of Commerce and lLs sponsored ollLlcal AcLlon
CommlLLee.

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