That the Planning Commission:
1. ADOPT Resolution No. 2024-34, recommending that the City Council: a.) DETERMINE that Development Agreement PEN24-0080 is Categorically Exempt from the provisions of the California Environmental Quality Act (CEQA) and CEQA Guidelines as a Class 32 Exemption (In-Fill Development Projects), in accordance with CEQA Guidelines Section 15332; and b.) APPROVE Development Agreement PEN24-0080 by Ordinance.