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Council approves payment plan and late‑fee reduction for impaired cannabis operator
City Council of the City of Port Hueneme · November 4, 2025
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Summary
Council accepted a payment plan with a court‑appointed receiver for Element 7 that covers principal arrears and reduces existing late fees by 50%, and directed staff to lower future late fees from 10% to 5% monthly on delinquent cannabis accounts.
The City Council approved a staff‑negotiated payment plan to resolve the largest outstanding delinquency among local cannabis businesses.
Deputy City Manager Charles Peretz described the settlement proposed by the court‑appointed receiver for Element 7: an immediate payment of $27,897.74 to cover outstanding principal (leaving…
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