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8.A. - Page 56 of 72 ECONOMIC VITALITY Support Redwood City's economic prosperity by attracting, retaining, and expanding a diverse mix of businesses that meet community needs. GOALS UPDATE Support the ongoing implementation of Cannabis regulations (CMO) In progress; Staff is currently implementing the last of the four -phased approach to implementing regulations to allow for various types of commercial cannabis businesses within the City. There are currently 6 non - storefront cannabis delivery businesses permitted in Redwood City. Phase 4 of the City's cannabis regulatory process is to consider revisions to the City's municipal code and zoning code that would allow storefront, or "walk-in," cannabis retailers. An online survey is currently live and two community meetings seeking input have been scheduled: February 18 and March 5. Staff expects to bring forward a proposed Ordinance for storefront sales to the City Council for consideration in April 2020. Collect 100% Cannabis Business Tax from approved Redwood City In progress; the first approved cannabis business went into operation in cannabis businesses within 60 days of the due date (CMO) February 2020. Tax information will be reported in the quarterly sales tax update. Increase the local minimum wage to $15 per hour by January 2020 Complete; on January 1, 2020, the City's local minimum wage increased to (CMO) $15.38, which was $15 per hour plus the 2019 consumer price index (CPI). Identistratenew family entertainment uses that are a good fit for In progress; Staff have recently met with the following family Redwood City such as bowling, bocce ball, or indoor sports by June 2020 entertainment centers: Bowlero; Punch Bowl Social; Super Charged (CMO) Entertainment; Olympic Golf; Top Golf; Uncle Buck's Fish Bowl and Grill; and Campo di Bocce GUIDING PRINCIPLES AND GOALS 9 1 P a g e 291