Item Coversheet

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

Subject:Review and Approve Regulatory Permit for Claremont Capitol Partners, LLC
Meeting Date:October 1, 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 Claremont Capitol Partners, LLC.

II.    BACKGROUND:

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

III.   DISCUSSION:

Claremont Capital Partners, LLC., is a company that has remodeled an existing building that was used by the city as correctional facility at one time.  Claremont Capital Partners, LLC., is requesting to use the land surrounding the facility for outside cultivation.  Claremont Capital Partners, LLC., application and request for a Regulatory permit has meet the requirements of the City and staff recommends that the Council approves the issuance of a regulatory permit. All members of the Claremont Capital Partners, LLC., have successfully completed the commercial cannabis background process and their conditional use permit application was approved by the Planning Commission at a special meeting held on September 28, 2020.

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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