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07/27/2015 <br /> shall be used for transportation improvements that are, and shall <br /> be, specified in the 2000 Study and its periodic updates including <br /> the 2012 Study; and (6) the fees imposed on development are <br /> based on evidence provided by transportation studies and research <br /> on the volumes of traffic generated by various land use types, <br /> which are used to measure the traffic impacts of new development, <br /> and the resulting fees for various land uses are presented in a Fee <br /> Schedule described in Exhibit 2 hereof, attached hereto and by this <br /> reference incorporated herein. This reasonable relationship <br /> remains between the current need for said fee and the purpose for <br /> which it was originally collected; <br /> 2. Traffic Impact Mitiqation Proiects. The list of capital facilities and <br /> traffic reduction measures to be funded by revenues derived from imposition of <br /> the "Impact Fees" (as said term is defined in the Transportation Impact Fee <br /> Ordinance) set forth in that certain table entitled "2012 Redwood City <br /> Transportation Impact Mitigation Fee Update, Project Descriptions and Cost <br /> Estimates," of Exhibit 1 is hereby approved. <br /> 3. Transportation Impact Fee Schedule. The Impact Fees to be <br /> imposed pursuant to the Transportation Impact Fee Ordinance set forth in that <br /> certain schedule entitled, "Redwood City Transportation Impact Mitigation Fee, <br /> Fee Schedule for Specific Land Uses," (Fee Schedule) of Exhibit 2, which <br /> includes adjustments for construction cost increases occurring between 2012 <br /> and 2015, are hereby approved and adopted. <br /> /ATTY/RE50.311$/CC RESO APPROVING AND ADOPTING RE50.#15433 <br /> TRAFfIC IMPACT MITIGATION FEES/TRANSPORTATION IMPACT FEE SCHEDULE MUFF#402 <br /> REV:07-23-15 PT <br /> Page 5 of 10 <br />