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Development Services Manager Gladhill stated that the Finance Department would take care of <br />the program and staff feels the program fits within the City's goals. <br />Member Williams asked if use of the bank of credits would require the consent of an existing <br />land owner or building owner. <br />Development Services Manager Gladhill advised the City would ask for that consent to make the <br />process more transparent and the City would want consent from the property owner and the <br />tenant of that space. <br />Motion by Member Skaff, seconded by Member Steffen, to recommend that the City Council <br />adopt a policy to allow Net SAC Credits to be applied Citywide and to create a SAC Small <br />Business Loan/Deferred Payment Program and to recommend that the City Council monitor the <br />success and administrative overhead required to implement these two programs before <br />considering a Minor Transfer Program. <br />Motion carried. Voting Yes: Chairperson Riley, Members Skaff, Steffen, and Williams. Voting <br />No: None. Absent: Members LeTourneau, McGlone, and Wise. <br />