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<br />8A <br />Page 5 <br /> <br />ORDINANCE NO. <br /> <br />ORDINANCE AMENDING SECTION 18.249 OF ARTICLE XV TO <br />CHAPTER 18 OF THE CODE OF THE CITY OF REDWOOD CITY <br />RELATING TO TRANSPORTATION IMPACT FEES FOR NEW <br />DEVELOPMENT <br /> <br />WHEREAS, the Council of the City of Redwood City, concerned about increasing <br /> <br />traffic volumes and congestion, and desiring an equitable and uniform method for each new <br /> <br />development to bear a proportionate share of citywide improvements that mitigate the traffic <br /> <br />impacts of development, authorized preparation of a Redwood City Traffic Impact Mitigation Fee <br /> <br />Study by Fehr & Peers Associates, Inc., dated February 18, 2000 (the "Study"); and <br /> <br />WHEREAS, the Study identified the required transportation improvements to mitigate <br /> <br />impacts caused by new residential and non-residential development within the City of Redwood <br /> <br />City for a 20-year period; and <br /> <br />WHEREAS, on April 24, 2000, the City Council adopted Ordinance 2191 (the <br /> <br />"Ordinance"), which assesses a fee on new development for its proportionate share of the cost <br /> <br />of transportation ìmprovements attributable to increased traffic generated by such new <br /> <br />development throughout the City of Redwood City; and <br />WHEREAS, The Ordinance provides in part for the calculation of a fee after taking into <br /> <br />consideration a credit for the existing use of a site based on the actual or estimated PM peak <br /> <br />hour trips generated by the existing use; and <br /> <br />WHEREAS, the Ordinance also provides that developments which include buildings or <br /> <br />structures that have been vacant or not used for more than three years do not receive any <br /> <br />credit; and <br /> <br />WHEREAS, by this Ordinance, the City Council of the City of Redwood City desires to <br /> <br />delete the restriction on the grant of a credit for development which include building or <br /> <br />structures which have been vacant or not used for more than three years; and <br /> <br />AttylOrd/Ord .258 <br />031306 <br /> <br />1 <br />