AgdaPkt 2003-01-06 - Laserfiche WebLink

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q. 18 -5 In addition to specific projects and locations, the City of Redwood City's capital improvement plan includes flexible transportation mitigation programs that cannot specify in advance a particular improvement or location with an established estimated construction date. Thus, part of the fee is applied toward a series of capital improvements and traffic reduction measures, such as crosswalk warning lights, traffic calming measures, shuttles, and other projects, which will be built or operated between now and the year 2020, but for which no specific dates of construction or implementation can be identified at this time. Because the City of Redwood City needs many transportation improvement projects that can adapt to evolving conditions caused by growth, a more complex system of administration with a 20 -year horizon is required. It is not possible for the City of Redwood City to state whether sufficient funds have been collected to complete financing, or to identify the dates of construction or implementation, for each transportation improvement to be funded by impact fees. However, the following ongoing programs, which are funded by transportation impact fees, have already constructed some improvements or commenced operations, and sufficient funds have been collected to continue to construct such improvements or operate services for the next several years, which the City plans to do: • Shuttle Bus Services • Traffic Calming Program • Bus Shelter /Bus Stop Turnout Program • ADA Ramp Program (sidewalk improvements) Further, sufficient funds have been collected to complete financing on the following incomplete public improvements, with the approximate date by which construction will commence identified for each: • Pedestrian Crosswalk Warning Lights Program — Only 2 locations fully funded — Construction started October 2002 • Blomquist Extension — April 2006 Transportation Impact Fee — A Brief Description The transportation impact fee is assessed on new development for its proportionate share of the costs of transportation improvements attributable to increased trips generated by new development between 2000 and 2020 on the citywide transportation system. The fee funds improvements related to the cumulative impact of traffic generated by new development, above those site - specific frontage improvements required by ordinance and those mitigations required as conditions of approval.