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Professional Services Agreement with Monarch Technologies for Cannabis Tax and Fee Collection

Approved Staff recommendation to authorize the City Manager to execute an agreement with Monarch Technologies to implement a city-wide compliance system designed to calculate, assess, collect and remit fee revenue and related…

Item number
11
Staff report
SR-24-131
Department
—
Meeting
May 21, 2024
Consent calendar
Yes

Recommendation

Authorize the City Manager to execute an agreement with Monarch Technologies to implement a city-wide compliance system designed to calculate, assess, collect and remit fee revenue and related data from approved and licensed cannabis businesses operating in the City monthly to the City via Monarch Technologies platform.

Action taken

Approved Staff recommendation to authorize the City Manager to execute an agreement with Monarch Technologies to implement a city-wide compliance system designed to calculate, assess, collect and remit fee revenue and related data from approved and licensed cannabis businesses operating in the City monthly to the City via Monarch Technologies platform.

Source records

  1. City Council - May 21, 2024 - Agenda — page 5 (City of Desert Hot Springs) Source date: May 21, 2024. Validated import citation. Import/review method: authenticated agent import.
    Supporting excerpt
    Professional Services Agreement with Monarch Technologies for Cannabis Tax and Fee Collection
  2. City Council - May 21, 2024 - Draft minutes printed in a later agenda packet — page 198 (City of Desert Hot Springs) Source date: May 21, 2024. Validated import citation. Import/review method: authenticated additive enrichment.
    Supporting excerpt
    Approved Staff recommendation to authorize the City Manager to execute an agreement with Monarch Technologies to implement a city-wide compliance system designed to calculate, assess, collect and remit fee revenue and related data from approved and licensed cannabis businesses operating in the City monthly to the City via Monarch Technologies platform.