AgdaPkt 2019-01-28 Joint SA PFA - Laserfiche WebLink

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6.F. - Page 5 of 31 . EM. .. Project Name Total Year to Date (YTD) Total Impact Fees Used % of Expenditure Funded Expenditures Expenditures with Fee Planning/Construction $1,100,000 100% Synthetic Turf $1,467,395.44 $1,467,395.44 100% Replacement Atherton Court Marlin/Sandpiper Apartments AFFORDABLE HOUSING IMPACT FEE Funds collected in FY 2017-18: $1,361,445 Balance: $2,146,809 Most recently, on December 7, 2015, the City Council adopted the Affordable Housing Impact Fee Ordinance, adding Article XVII (commencing with section 18.266) to Chapter 18 of the Municipal Code. The affordable housing impact fees provide revenue to create housing affordable to extremely low income, very low income, lower income, and moderate income households in the City, consistent with the goals and policies contained in the City's Housing Element. Examples of projects funded in part by the Affordable Housing Impact Fee include: FISCAL IMPACT There is no fiscal impact associated with accepting the Development Impact Fees Report or making the findings as required by State law. ENVIRONMENTAL REVIEW This activity is not a project under California Environmental Quality Act (CEQA) as defined in CEQA Guidelines, section 15378, because it has no potential for resulting in either a direct or reasonably foreseeable indirect physical change in the environment. PUBLIC NOTICE Public Notification was achieved by posting the agenda, with the agenda items being listed, at least 72 hours prior to the meeting. City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org 305 Project Name Total Year to Date (YTD) Total Impact Fees Used % of Expenditure Funded Expenditures with Fee MidPen Mosaic Gardens $1,100,000 $1,100,000 100% (Formerly MidPen Atherton Court Apartments Rehabilitation) Housing Projects $83,913 $58,645 70% FISCAL IMPACT There is no fiscal impact associated with accepting the Development Impact Fees Report or making the findings as required by State law. ENVIRONMENTAL REVIEW This activity is not a project under California Environmental Quality Act (CEQA) as defined in CEQA Guidelines, section 15378, because it has no potential for resulting in either a direct or reasonably foreseeable indirect physical change in the environment. PUBLIC NOTICE Public Notification was achieved by posting the agenda, with the agenda items being listed, at least 72 hours prior to the meeting. City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org 305