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49. Walnut Creek After two years of analysis and an economic feasibility analysis based on a comprehensive residential development fee burden, the City Council on Aug. 1, 2017, voted to increase its affordable housing impact and in -lieu fee on new residential development from $15 per sq. ft. to $18 per sq. ft. starting Jan. 1, 2018. In addition, the city will change the fee annually based on the ENR Construction Cost Index. The commercial rate remains unchanged at $5 per sq. ft., where it has been since 2005. Later in the year, the City Council will determine whether or not to adjust the inclusionary percentages as staff recommends: moderate income would increase from 10 percent to 20 percent; low income would rise from 7 percent to 13 percent; and very low would go from 6 percent to 10 percent. Type Maximum Justified Fee Single-family $94,000 per unit or $47 per detached sq. ft. ($750,000 sale price) ownhomes 8 $70,500 per unit or $47 per condos sq. ft. ($750,000 saleprice) Rental $134,070 per unit or $89.38 multifamily per unit Office $197 per sq. ft. Retail $243 per sq. ft. Eatfrtg 6t $694 per sq. ft. ;ht industrial service Recreation fs ientertainment (Auto dealership $213 per sq. ft. $167 per sq. ft. $113 per sq. ft. $131 per sq. ft. l Percentage of Maximum Justified Fee Current Fee* (estimated) $30,000 per unit or $15 per sq. ft. 32% 6$22,500 per unit or $15 per sq. ft. 32% i $22,500 per unit or $15 per sq. ft. 17% $5 per sq. ft. 2.5% $5 per sq. ft. 2 $5 per sq. ft. 0.7% $5 per sq. ft. 2.3% $5 per sq. ft. 3 $5 per sq. ft. 4.4% $5 per sq, ft. 3.8% -- -- 8/2/2017 * Starting Jan. 1, 2019, the fee will be adjusted annually based on the percentage change in the Engineering News -Record's Construction Cost Index. 50. Windsor The Windsor Town Council in late 2017 considered but rejected recommendations to increase affordable housing fees and inclusionary percentages or to mandate construction of affordable units on-site. During a presentation of a nexus study, a consultant suggested the city could double its affordable housing fees. type Maximum Justified Fee Single-family $85,440 per unit or detached $42.72 per sq. ft. Condo $40,965 per unit or $27.31 per sq. ft. Rental multi- $59,925 per unit or family $39.95 per sq.ft. Non-residential Not studied Current Fee* In -lieu fee: $7,040 per unit or $3.52 per sq. ft. In -lieu fee: 54,995 per unit or $3.33 per sq. ft. In -lieu fee: $4,710 per unit or $3.14 per sq. ft. _ _ -- __ — — Percentage of Maximum Justified Fee (estimated) 8% 12% 8% -- ---- 212812018 * Developers of projects with 10 or more units must set aside between 5 and 10 percent as affordable, depending on income levels served, or comply through an alternative method which includes payment of an in -lieu fee, donating land or constructing the units off-site. 31