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Res15 15433
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Res15 15433
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Last modified
7/30/2015 3:16:46 PM
Creation date
7/30/2015 3:16:46 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
7/27/2015
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07/27/2015 <br /> (j) The purpose of this fee is to jointly fund, from public and private <br /> sources, transportation system improvements necessitated in <br /> whole or in part by new development within Redwood City, and to <br /> provide an equitable method for allocating the cost of reasonable <br /> and necessary transportation improvements between the public <br /> and private sector, in accordance with the intent and purpose of the <br /> Transportation Impact Fee Ordinance as set forth in Redwood City <br /> Municipal Code Section 18.246.A.; <br /> (k) The reasonable relationship between the transportation impact fee <br /> and the purpose for which it is charged is demonstrated in the <br /> Redwood City Traffic Impact Mitigation Fee Study, dated February <br /> 18, 2000 (the "2000 Study") and all subsequent City resolutions <br /> and ordinances adopting the fee, which document that reasonable <br /> relationship as follows: (1) the fee provides an equitable and <br /> uniform method for each new development to bear a proportionate <br /> share of citywide transportation improvements that mitigate the <br /> traffic impacts of development; (2) the 2012 Study identified the <br /> required transportation improvements to mitigate impacts caused <br /> by new development within the City for a 20-year period; (3) <br /> development creates demand for additional transportation <br /> improvements; (4) the fee shall be used for transportation <br /> improvements that will reasonably benefit new development in the <br /> City and reduce the traffic congestion and other adverse effects of <br /> increased traffic volumes caused by new development; (5) the fee <br /> /ATTY/RES0.3118/CC RESO APPROVING AND ADOPTING RESO.#15433 <br /> TRAFFIC IMPACT MITIGATION FEES/TRANSPORTATION IMPACT FEE SCHEDULE MUFF#402 <br /> REV:07-23-15 PT <br /> Page 4 of 10 <br />
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