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Ordinance — Second Reading: Chapter 40 <br />November 21, 2017 <br />Page 2 <br />The ordinance, as adopted, will maintain relevant definitions, operational standards, and required <br />permit(s) and the operating agreement to address collection of operating fees. These items will <br />ensure consistency with both the AUMA and Measure BB. <br />Finally, the ordinance does not allow any other commercial cannabis business activity in cultivation, <br />manufacturing/processing, testing, distribution, or microbusinesses. Amendments to allow and <br />regulate any other type of commercial cannabis business activity other than retail will need to be <br />brought forth as separate ordinance(s) at a future date. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #3 - Economic Development, <br />Objective #2 (create new opportunities for business/job growth and encourage private <br />development through new General Plan and Zoning Ordinance policies), Objective #3 (promote a <br />solutions -based customer focus in all efforts to facilitate development and investment in the <br />community), Objective #5 (leverage private investment that results in tax base expansion and job <br />creation citywide); and Goal #4 - City Financial Stability, Objective #3 (achieve a structurally <br />balanced budget with appropriate reserve levels). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />Candida Neal <br />Acting Executive Director <br />Planning and Building Agency <br />EXHIBIT: Ordinance No. NS -2929 <br />11E-2 <br />