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HomeMy WebLinkAboutStaff Report and Business Impact Statement• E c� 0 • U Planning Department Staff Report and Business Impact Statement Ncial Area Plan - Amendment Purpose: This amendment introduces new language that clarifies the Public Benefit requirements associated with Special Area Plans ("SAP"), and further clarifying how Public Benefits are to be calculated. This will provide transparency for Applicants and the Public in the City's review of Public Benefits associated with Special Area Plan applications. Estimated Direct Economic Impact: • There will be no additional municipal regulatory costs for businesses directly associated with this legislation. • Presently, there are no new charges or fees on business through the proposed Text Amendment. • There are no compliance costs associated with this amendment. Estimated Number of Businesses to be Impacted: The City has approximately twelve (12) active Special Area Plans, some of which were approved under the previous term and processes as "Special District" under the 11000 Zoning Code. This legislation will impact future and amended SAPs. Additional Information: Recommendation: Approval