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7.A. - Page 9 <br />B. The reasonable relationship between the Affordable Housing <br />Fee and the purpose for which it is charged was developed <br />starting in October 2014. At its October 24 meeting, the City <br />Council adopted its 2015-2023 Housing Element which <br />contemplates, among other things, an ordinance to provide a <br />mechanism to increase the supply of affordable housing in the <br />City pursuant to Housing Element Programs H- 3 and H- 14. To <br />implement the affordable housing goals, policies and programs <br />of the Housing Element, the City Council has considered and <br />introduced on this same date an affordable housing ordinance <br />that, among other things, authorizes the imposition of housing <br />impact fees for certain residential and nonresidential <br />development projects to mitigate the impact of such projects on <br />the need for affordable housing in the City (the "Affordable <br />Housing Ordinance"). To ensure that future development <br />projects mitigate their impact on the need for affordable housing <br />in Redwood City, and to ensure that any adopted housing <br />impact fees do not exceed the actual affordable housing impacts <br />attributable to the development projects to which the fees relate, <br />the City agreed to participate in the preparation of a nexus study <br />through the countywide 21 Elements collaboration project. The <br />City has received and considered reports from Strategic <br />Economics and Vernazza Wolfe Associates, Inc. dated <br />September 2015 entitled " Residential Impact Fee Nexus Study" <br />Page 6 of 5 <br />