12. A report describing measures taken to alleviate need for Moratorium on Formula Businesses and approval and adoption of Ordinance No. 766, extending Ordinance No. 755, a temporary moratorium on the issuance of certificates of occupancy and/or business licenses or any other entitlement for the establishment of formula businesses within the City of Carpinteria, with the exception of Casitas Plaza and Shepard Place Shops, for one additional year.