Ron Strider
Well-Known Member
During a special meeting on Monday night, the Planning Commission unanimously approved the Development Agreements for six cannabis-related businesses.
Those agreements were then approved by the City Council during another special meeting held by that body on Tuesday night.
The names and prospective locations of those businesses were made public for the first time during the Development Agreement process.
Four of the businesses will be located in the old Patterson Frozen Foods plant at 100 West Las Palmas Avenue: Central Valley — Sierra Associates, a dispensary; GDB Investments, currently in process as a cultivation and manufacturing business; Nucleus Homeopathic, a cannabis product manufacturing business and Patterson Organics, a cannabis cultivation business.
The paperwork for the Development Agreement for JDI Farms, a dispensary, indicated that the owner planned to locate the business on Sycamore Avenue. During the meeting, however, City Planner Joel Andrews gave the location for the business as adjacent to Fire Station II on Park Center Drive.
KP Patterson Management, currently in process as a dispensary, will be located at 16537 Highway 33, just south of Poppy Avenue.
The Development Agreements for GDB Investments and KP Patterson Management were written with some flexibility built in, so that those businesses could expand into other cannabis-related activities if, in the future, the Municipal Code is changed to allow more cannabis-related businesses in the various categories.
All six cannabis businesses are required to pay substantial monthly "Public Benefit" fees, the lowest of which was $10,000 or five percent of gross receipts, whichever is higher. Deputy City Attorney Doug White explained that the city can require Public Benefit fees to offset a cost or costs the city expects to incur as a result of the new businesses.
In this case, "we do expect that most city departments" will be affected by cannabis businesses operating within city limits, he said, which is why the monthly fee amounts are so significant.
White also said the city intends to place a five percent tax on cannabis businesses on the ballot next November. The businesses currently operating would continue paying the Public Benefit fees until the new tax is enacted, if approved by the voters.
Although the percentage due to the city would remain the same, the city would be able to use the tax funds for more than just cannabis-related costs.
Requiring a fee from the outset guarantees the revenue regardless of whether voters approve an actual tax.
The terms for all of the agreements are a year and a half; each will be eligible for an additional year and a half renewal after a Planning Commission review in eighteen months.
News Moderator: Ron Strider 420 MAGAZINE ®
Full Article: Planning Commission approves cannabis Development Agreements, new day care - Golden State Newspapers: Patterson Irrigator News
Author: Jenifer West
Contact: Patterson Irrigator - Contact Us - Golden State Newspapers: Patterson Irrigator
Photo Credit: Getty Images
Website: Golden State Newspapers: Patterson Irrigator
Those agreements were then approved by the City Council during another special meeting held by that body on Tuesday night.
The names and prospective locations of those businesses were made public for the first time during the Development Agreement process.
Four of the businesses will be located in the old Patterson Frozen Foods plant at 100 West Las Palmas Avenue: Central Valley — Sierra Associates, a dispensary; GDB Investments, currently in process as a cultivation and manufacturing business; Nucleus Homeopathic, a cannabis product manufacturing business and Patterson Organics, a cannabis cultivation business.
The paperwork for the Development Agreement for JDI Farms, a dispensary, indicated that the owner planned to locate the business on Sycamore Avenue. During the meeting, however, City Planner Joel Andrews gave the location for the business as adjacent to Fire Station II on Park Center Drive.
KP Patterson Management, currently in process as a dispensary, will be located at 16537 Highway 33, just south of Poppy Avenue.
The Development Agreements for GDB Investments and KP Patterson Management were written with some flexibility built in, so that those businesses could expand into other cannabis-related activities if, in the future, the Municipal Code is changed to allow more cannabis-related businesses in the various categories.
All six cannabis businesses are required to pay substantial monthly "Public Benefit" fees, the lowest of which was $10,000 or five percent of gross receipts, whichever is higher. Deputy City Attorney Doug White explained that the city can require Public Benefit fees to offset a cost or costs the city expects to incur as a result of the new businesses.
In this case, "we do expect that most city departments" will be affected by cannabis businesses operating within city limits, he said, which is why the monthly fee amounts are so significant.
White also said the city intends to place a five percent tax on cannabis businesses on the ballot next November. The businesses currently operating would continue paying the Public Benefit fees until the new tax is enacted, if approved by the voters.
Although the percentage due to the city would remain the same, the city would be able to use the tax funds for more than just cannabis-related costs.
Requiring a fee from the outset guarantees the revenue regardless of whether voters approve an actual tax.
The terms for all of the agreements are a year and a half; each will be eligible for an additional year and a half renewal after a Planning Commission review in eighteen months.
News Moderator: Ron Strider 420 MAGAZINE ®
Full Article: Planning Commission approves cannabis Development Agreements, new day care - Golden State Newspapers: Patterson Irrigator News
Author: Jenifer West
Contact: Patterson Irrigator - Contact Us - Golden State Newspapers: Patterson Irrigator
Photo Credit: Getty Images
Website: Golden State Newspapers: Patterson Irrigator
