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05/21/2018 WHEREAS, notice of the hearing on the proposed fee was published twice in the manner set forth in Government Code Section 6062a as required by Government Code Sections 66004 and 66018; and WHEREAS, the City Council has reviewed the information contained in this Resolution and the accompanying staff report and any attachments at a meeting held on May 21, 2018. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redwood City as follows: 1. The foregoing recitals are true and correct and incorporated into this Resolution by this reference. 2. The City Council adopts those in -lieu fees for residential development projects shown on Exhibit "A", attached hereto and incorporated by reference herein, contingent upon the City Council's adoption of, and effective upon the effective date of, the Affordable Housing Ordinance. 3. All in -lieu fees collected shall be deposited into the City's Affordable Housing Fund to be used to increase and preserve the supply of housing affordable to households of extremely low, very low, low, and moderate incomes (including necessary administrative costs). 4. The City Council may review in -lieu fees from time to time. For any annual period during which the City Council does not review the housing in -lieu fee, fee amounts shall be adjusted once by the community development director based on the percentage increase in the Engineering News -Record Construction Cost Index for San Francisco, California. 5. Adoption of this Resolution is exempt from the California Environmental Quality Act because the adoption of this resolution is not a project, in that it is a government funding mechanism which does not involve any commitment to any specific project (CEQA Guidelines Section 15378(b)(4)), and because it can be seen with certainty that there is no possibility that the fees may have a significant effect on the environment, in that this resolution contains no provisions modifying the physical design, development, or construction of residences or nonresidential structures (CEQA Guidelines Section 15061(b)(3)). 6. This Resolution is effective upon its adoption. ATTY/RESO.0042/HOUSING IN -LIEU FEES REV: 05-15-18 PR Page 2 of 3 RESO. NO. 15664 MUFF NO. 301