Grant a conditional waiver of fees in the amount of $69,000 for three in-lieu parking certificates for the property located at 224 and 226 Ocean Avenue in consi

The City of Laguna Beach has granted a conditional waiver of fees totaling 69,000 dollars for three in-lieu parking certificates associated with the properties located at 224 and 226 Ocean Avenue. This action is intended to provide a public benefit by stimulating business development, expanding employment opportunities, and increasing the city tax base. The waiver is strictly contingent upon the property owner obtaining an effective coastal development permit for the three parking certificates. The project is classified as a special notice under solicitation NOE 224 and is managed by Senior Management Analyst Louie Lacasella. It has been determined that the action is exempt from the California Environmental Quality Act under the existing facilities exemption of 14 CCR Section 15301 and the commonsense exemption of 14 CCR Section 15061(b)(3), as the issuance of these certificates will not result in any physical changes to the properties.