Item Coversheet

STAFF REPORT - CITY COUNCIL/SUCCESSOR AGENCY/PUBLIC FINANCE AUTHORITY

Subject:Review and Approve Regulatory Permit for Green Coast Industires
Meeting Date:April 2, 2020
From:Marissa Trejo, Citry Manager
Prepared by:Darren Blevins, Chief of Police


I.    RECOMMENDATION:

City Manager and Assistant City Manager recommend review and approval of staff's recommendation to issue a cannabis regulatory permit to Green Coast Industries.

II.    BACKGROUND:

This is the final step in the regulatory process defined by the municipal code.

III.   DISCUSSION:

Green Coast Industries is a company that has remodeled an existing building on West Elm Avenue near Alcalde Road. This company has successfully completed the commercial cannabis background process and has been approved by the Planning Commission at its meeting on February 25, 2020. 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.
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