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AgdaPkt 2017-10-23 Joint SA PFA
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AgdaPkt 2017-10-23 Joint SA PFA
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Last modified
10/24/2017 8:33:20 AM
Creation date
10/19/2017 3:26:13 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
10/23/2017
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City staff also mapped potential sites for delivery -only retail facilities, if the City <br />decided to implement a wider prohibition, such as a 1,000' radius from youth <br />serving facilities. That map, Attachment G, removes about 30 parcels from the <br />potential site list. <br />In addition, the eventual location of a licensed cannabis business would depend <br />on overall availability, logistics such as finding the right size and type of facility, a <br />willing landlord, and a competitively priced space. Market data illustrates that <br />delivery -only facilities would require anywhere from 1,000-3,000 square footage. <br />4. Phase IV — Storefront Retail — Could integrate with Phase 111 in January or July <br />2019 <br />In the final proposed phase, the City could expand regulations to allow <br />"storefront" retail cannabis businesses. As is the case with delivery -only retail <br />business, the City has broad discretion regarding where storefront retail cannabis <br />businesses can locate. The State level radius restrictions noted above would still <br />apply, and the City may expand that radius. <br />As a starting point, City staff used traditional commercial areas, plus the state <br />level 600' radius restriction, for the allowed locations in the potential locations <br />map (Attachment F). Attachment G shows the available storefront retail sites, if <br />the City decided to implement the 1,000' radius requirement. This expanded <br />radius would remove about 200 parcels from the potential site list. <br />All changes to the zoning code require both Planning Commission and City <br />Council review. A more detailed analysis would be done at that time, which <br />examines potential impacts of certain land -use decisions. <br />Although this report is currently showing Phases III and IV as distinct phases, <br />Phases III and IV could potentially happen concurrently. In addition, given this is <br />a new industry, staff may recommend other land uses be included in this phased <br />approach, if more information is known at that time. <br />Revenue Potential in Requlatinq Cannabis <br />The City has a few options for instituting regulatory fees and taxes on cannabis sales to <br />cover costs associated with regulation and to generate revenue. Most fees and taxes <br />will take time to develop and approve and are recommended for implementation in the <br />later phases. <br />1. Business License Tax <br />As part of Phase II, the City proposes to require all cannabis businesses <br />delivering to Redwood City to obtain a City business license. The base business <br />tax for cannabis businesses would be the same as for other registered <br />businesses in the City — the current annual base tax is $63 plus $42 per <br />O] <br />
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