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AgdaPkt 2018-01-22 Joint SA PFA
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AgdaPkt 2018-01-22 Joint SA PFA
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Last modified
1/24/2018 12:26:31 PM
Creation date
1/18/2018 1:21:49 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/22/2018
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7.A. - Page 12 <br />Development Impact Fees Report for Fiscal Year 2016-17 <br />December 18, 2017 <br />This report contains information on the City of Redwood City's Development Impact <br />Fees for the fiscal year ending June 30, 2017. The information below meets two State <br />requirements. The first requirement, detailed in Government Code Section 66001(d)(1) <br />and called Fee Findings throughout this report, requires the local agency to make <br />findings with respect to that portion of the Development Impact Fee fund remaining <br />unexpended, whether committed or uncommitted, the fifth fiscal year following the first <br />deposit into the fund and every five years thereafter. The second requirement, detailed <br />in Government Code Section 66006(b)(1) and called Fee Details throughout this report, <br />requires local agencies to make available to the public for review certain information <br />related to development impact fees received each fiscal year. The City plans to meet <br />both of these requirements on an annual basis. <br />The City currently has three development impact fees. The next three sections provide <br />the Fee Findings and Fee Details for each of these development impact fees. <br />A. Transportation Impact Fee <br />Fee Findinqs Requirements <br />1. Identify the purpose to which the fee is to be put. <br />The purpose of the Transportation Impact Fee is to jointly fund, from public <br />and private sources, transportation system improvements necessitated in <br />whole or in part by new development within Redwood City, and to provide <br />an equitable method for allocating the cost of reasonable and necessary <br />transportation improvements between the public and private sector, in <br />accordance with the intent and purpose of the Transportation Impact Fee <br />Ordinance as set forth in Redwood City Municipal Code Section 18.246.A. <br />2. Demonstrate a reasonable relationship between the fee and the purpose for <br />which it is charged. <br />The reasonable relationship between the Transportation Impact Fee and <br />the purpose for which it is charged is demonstrated in the Redwood City <br />Traffic Impact Mitigation Fee Study dated February 18, 2000 (2000 Study); <br />the 2012 Redwood City Transportation Impact Mitigation Fee Update, Project <br />Descriptions and Cost Estimates (2012 Study); and all subsequent City <br />resolutions and ordinances adopting the Fee, which document that <br />reasonable relationship as follows: (1) the Fee provides an equitable and <br />uniform method for each new development to bear a proportionate share of <br />citywide transportation improvements that mitigate the traffic impacts of <br />development; (2) the 2012 Study identified the required transportation <br />improvements to mitigate impacts caused by new development within <br />Redwood City for a 20 -year period; (3) development creates demand for <br />
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