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72 fully set forth), the City's staff has prepared a draft proposed permanent ordinance amending the code to make residential hotels "conditionally permitted uses" in the commercial zones, and to add a number of new development standards for this use. Staff has invested a significant amount of time soliciting and incorporating comments and concerns of the hotel/motel industry, including hosting a meeting on February 2, 2000, to which owners and operators or the 39 existing hotels and motels in the City were invited. E. The proposed permanent ordinance may also include a amortization period within which existing hotels/motels may bring their businesses into compliance with new standards. The City has solicited and received a proposal to undertake an economic study of the appropriate amortization period, which would take approximately four weeks to complete once notice to proceed is given. F. The Council is also aware that within the last few months, the cities of Anaheim and Buena Park have been sued over new ordinances regulating this subject matter, and that these lawsuits are ongoing. An additional twelve month extension of this temporary ordinance is warranted to allow the court time to consider these challenges, and to complete staffs studies and consultation as set forth above. G. The City Council has held a public hearing, considered all of the written and oral testimony offered concerning whether to extend the emergency ordinance, including extensive studies undertaken by other public entities. H. Without extension of the emergency ordinance, properties in the City could quickly convert or establish themselves as residential hotels, despite the fact that the City Council has determined that the Code is in need of updating and has directed that a study be done to recommend new standards and revised Code sections to address these concerns. I. The City Council has directed that all studies be pursued as expeditiously as is practicable, and has directed staff to expeditiously pursue appropriate revisions to the Code. In addition to the efforts referenced above, since the adoption of the emergency ordinance, the Planning Department has undertaken extensive study of other public entities regulations of residential hotels for possible revisions to the Code. J. In order to prevent the frustration of said studies and the implementation thereof, the public interest, health, safety and welfare require the immediate enactment of an ordinance extending the emergency ordinance. The absence of this ordinance would create a serious threat to the orderly and effective implementation of any Code amendments, general plan amendments or specific plan amendments which may be adopted by the City as a result of the studies, in that new or converted residential hotels within the City may be in conflict with or frustrate the contemplated updates and revisions to the Code, general plan or specific plans. Moreover, permitting residential hotels to be established during said studies and implementation would create impacts Ordinance No. NS-2429 Page 2 of 4