STAFF REPORT - CITY COUNCIL/SUCCESSOR AGENCY/PUBLIC FINANCE AUTHORITY
|Subject:||Receive Report and Approve Commercial Cannabis Regulatory Permit for PEP Partners LLC|
|Meeting Date:||Thursday, May 16, 2019|
|From:||Marissa Trejo, City Manager|
|Prepared by:||Darren Blevins, (I) Chief of Police|
Review and approve recommendation to grant a Commercial Cannabis Regulatory Permit to PEP Partners LLC.
The City is in the process of reviewing applications for commercial cannabis companies.
PEP Partners LLC is an applicant for a commercial cannabis regulatory permit. All the tasks required by the ordinance have been completed. This application has been approved for a CUP by the Planning Commission at its May 14, 2019 meeting. The Police Department has completed all required background checks of the operation and its ownership. All parties involved meet the minimum qualifications required by city ordinance and state law. Staff recommends approval of a Commercial Cannabis permit to be issued to Hi Tone Inc.
Do not issue the permit
V. FISCAL IMPACT:
Increased tax and licensing revenue to the City's General Fund.
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