...Title
Council Policy Priority #13: Cannabis Equity and State of California Equity Act Grant Funding.
...Recommendations
(a) Adopt a resolution authorizing the City Manager or designee to enter into a grant agreement with the State of California Bureau of Cannabis Control to receive $560,082.30 in Local Equity Grant Funding.
(b) Adopt the following 2019-2020 Funding Source Resolution and Appropriation Ordinance amendments in the General Fund:
(1) Increase the estimate for Revenue from the State of California by $560,083; and
(2) Establish a City-Wide expense appropriation to the City Manager’s Office for Cannabis Equity Assistance Program in the amount of $560,083.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment and File No. PP17-004, Government Funding Mechanism or Fiscal Activity with no commitment to a specific project which may result in a potentially significant physical impact on the environment. (City Manager)