| | | | | | | | STAFF REPORT - CITY COUNCIL/SUCCESSOR AGENCY/PUBLIC FINANCE AUTHORITY
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| | | | | | | | | Subject: | Review and Approve Regulatory Permit for Kikoa Inc. | | Meeting Date: | January 3rd, 2019 | | From: | Marissa Trejo | | Prepared by: | Michael Salvador, Chief of Police |
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| | | | | | | | I. RECOMMENDATION:
Review and approve staff recommendation to issues a cannabis regulatory permit for Hikoa Inc.
II. BACKGROUND:
This is the final step in the regulatory process defined by the municipal code.
III. DISCUSSION:
Hikoa was originally part of the Canna Project in the industrial park. This company has separated for that project and acquired property on West Elm near Alcalde. This company has successfully completed the commercial cannabis background process and has been approved by the Planning Commission at its meeting in December. Staff recommends that the Council approves the issuance of a regulatory permit.
IV. ALTERNATIVES:
Do not issue a regulatory permit.
V. FISCAL IMPACT:
This project is subject to cannabis licensing and per square foot taxes. Once open this project will be a revenue generator to the General Fund. | | |
| ATTACHMENTS: | | File Name | Description | | No Attachments Available |
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