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6.4.B. - Page 2 <br /> Per Council direction, a new resolution was prepared describing how projects that pay <br /> area standard wages would receive a 25 percent reduction in housing impact fees <br /> (Attachment 3, Housing Impact Fee Reduction for Area Standard Wages Resolution). <br /> Staff will be returning in one year with a report on the amount of fees collected and uses <br /> of the fees. The complete analysis of the proposed fee and nexus study is in the original <br /> staff report from October 26, 2015. <br /> ALTERNATIVES <br /> 1. Adopt the ordinance with changes. <br /> 2. Do not adopt the ordinance. <br /> FISCAL IMPACT <br /> Expected revenues and staff costs were described in detail in the October 26, 2015 staff <br /> report. The City expects to receive several million dollars in affordable housing impact <br /> fees per year in the current economic cycle; however, these amounts will vary widely <br /> over time. Staff costs will be incurred to collect and administer the fee. The <br /> CDBG/HOME Administrator and staff would be the primary contact for this program. In <br /> consultation with the Planning Division, the program administrator would meet with <br /> developers and collect the fees. The City Council would direct how funds are spent. <br /> Staff is recommending in Exhibit D of the ordinance that an initial deposit of $1 ,500 be <br /> required to pay for staff time in collecting and administering the fee. <br /> ENVIRONMENTAL REVIEW <br /> The adoption of the ordinances and resolutions is not a project under the California <br /> Environmental Quality Act as they create a governmental funding mechanism that does <br /> not involve any commitment to a specific project that may result in a potentially <br /> significant effect on the environment. (CEQA Guidelines Section 15378(b) (4)). <br /> Furthermore, even if these approvals were a project, they would be exempt from CEQA <br /> because it can be seen with certainty that there is no possibility that the fees may have <br /> a significant effect on the environment, in that the ordinance and resolution contain no <br /> provisions modifying the physical design, development, or construction of residences or <br /> nonresidential structures (CEQA Guidelines Section 15061(b)(3)). <br /> DIANA O'DELL, PRINCIPAL PLANNER <br /> AARON AKNIN <br /> ASSISTANT CITY MANAGER AND DIRECTOR OF COMMUNITY DEVELOPMENT <br /> Page 2 of 3 <br />