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Ordinance Amendment No. 2018-01 — Allow Commercial Cannabis Testing Laboratories and <br />Resolution to Modify Commercial Cannabis Application Fees <br />February 20, 2018 <br />Page 4 <br />FISCAL IMPACT <br />Approval of the ordinance and resolution is expected to generate an additional $8,000 in one- <br />time Registration Application fees (five initial applications) and $50,000 in annual Regulatory <br />Safety Permit fees for testing laboratories (four approved applications). Should the resolution <br />allowing application fees to be charged to commercial cannabis laboratories be approved, funds <br />will be deposited into the Adult -Use Commercial Cannabis Registration Fee account (01116002- <br />51616) and the Adult -Use Commercial Cannabis Regulatory Safety Permit account (01116002- <br />51617). <br />Candida Neal, AICP <br />Acting Executive Director <br />Planning & Building Agency <br />AP:rb <br />S:RFCA12-20-18\PBA OA No. 2018-01 =02-20-2018 (Chapter 18-00) <br />Exhibit: 1. Ordinance <br />2. Resolution <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />'Francisco Ontierrez <br />Executive Director <br />Finance & Management Services Agency <br />75B-4 <br />