The City Council shall consider a petition for designation of residential permit parking district presented in compliance with the terms of this chapter, the Traffic Safety Commission’s recommendation, and the City Manager’s recommendation with respect thereto at a public hearing. After the conduct of such public hearing and its consideration of (A) the City Manager’s report and recommendation, (B) any and all testimony presented in favor or against the petition, and (C) the designation criteria set forth in CVMC 10.87.070, and (D) the Traffic Safety Commission’s recommendation, the City Council may approve, disapprove or decline to act on any district petition in its discretion. Any City Council resolution approving the designation of a district shall include, at a minimum (A) the applicable parking regulations, (B) the period of the day or week for their application, (C) the fee to be charged upon permit issuance, and (D) findings of compliance with the terms of this chapter. The City Council resolution may also limit the number of resident or guest permits issued to a resident if a limitation would further the goals of the residential parking permit program. (Ord. 3539 § 1(U), 2022; Ord. 3356 § 1, 2015).