4.C. PUBLIC BENEFITS POLICY [J. KEHO, R. EASON, R. DIMOND]: SUBJECT: The City Council will receive an update on the City’s Public Benefits Policy, which helps in determining appropriate public benefits for certain proposed development projects that are required to provide a public benefit in order to depart from certain Zoning Code or General Plan standards. The Policy includes three components: a standard process that includes expanded public and Planning Commission input, a standardized tool for determining the economic value of the request, and a menu of public benefit categories based on priorities established in adopted City plans.