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Ord00 2191
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Ord00 2191
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Last modified
10/11/2019 2:57:48 PM
Creation date
10/11/2019 2:57:45 PM
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Template:
CC Index
CC Index - Document Type
Ordinance
Agency Type
City Council
Date
4/24/2000
Description
SECTION 18.244) TO CHAPTER 18 OF THE CODE OF THE CITY OF REDWOOD CITY RELATING TO TRANSPORTATION IMPACT FEES FOR NEW DEVELOPMENT
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4/24/00 <br /> reference to tl~._~en current Impact Fee Schedule .... ~ Administrator may <br /> <br /> require the Applicant to bear the cost of existing PM Peak Hour traffic <br /> counts. If a Development includes existing, unoccupied, or unused <br /> buildings or structures, the credit may be based upon the estimated PM <br /> Peak Hour Trips generated by the prior use within the past three years. <br /> Developments including buildings or structures that have been vacant or <br /> not used for more than three years shall not receive any credit. <br /> 2. For a Development that involves a change of use or modification of an <br /> <br /> existing use, the Impact Fee shall be based upon the net increase in the <br /> Impact Fee for the new use as compared with the prior use, subject to the <br /> conditions specified above. However, should the change in use result in a <br /> calculation of an Impact Fee less than that paid for the prior use, no <br /> refunds or credits therefor shall be paid or given. <br /> <br />Section 18.250 - Use of Funds: <br /> <br /> A. Revenues from Impact Fees shall be used exclusively for the construction of <br /> Capital Improvements and for the traffic reduction measures listed in the Impact <br /> Fee Project List. <br /> <br /> B. No such revenues shall be used for periodic or routine maintenance of roadways, <br /> intersections, or other transportation-related Capital Improvements. <br /> <br /> C. In the event that bonds or similar debt instruments are issued for construction of <br /> Capital Improvements for which Impact Fees may be expended, Impact Fees <br /> may be used to pay debt service thereon to the extent that the Improvements <br /> <br />Sh/Council/Ord ]'7 <br />Ord-105 <br />FXS/ss <br />03/28/00 <br />DES:rg:O4/13/OOR; 04/17/00R <br />7191 <br /> <br /> <br />
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