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44 | PARKS, RECREATION & COMMUNITY SERVICES NEEDS ASSESSMENT <br />FUNDING <br />Impact Fees <br />• Park Impact Fees: In 2008, the City implemented <br />a Park Impact Fee Structure for Residential <br />Development. The City Council directed <br />that 50% of the fee be collected. The fee <br />structure was based on land acquisition and <br />development costs at the time, along with a <br />small percentage for demolition, under the <br />assumption that there was little raw land <br />available. The fee is tied to the Consumer Price <br />Index (CPI) and is updated annually. Since 2016, <br />the City has generated more than $25 million <br />dollars in fees. However, given the current <br />economic climate and the City’s projected <br />diffi culty in maintaining current park standards <br />for its rapidly growing population, the City may <br />want to consider collecting the full fee using the <br />current fee structure or fully updating the fee <br />calculation to refl ect current land acquisition <br />and development costs. <br />• Commercial Impact Fees: Redwood City’s parks <br />and recreation facilities contribute substantially <br />to the factors that make the City a great place to <br />live and work. With a positive business climate <br />and growing investments in commercial facilities, <br />the City may want to explore collecting impact <br />fees from commercial development projects. <br />Many park users are residents and non-residents <br />who work in the city. The City would need to <br />conduct appropriate community outreach to <br />determine if there is a nexus that supports this <br />proposed fee. <br />• Other Impact Fees: Other communities in the <br />region have created fee structures to support their <br />needs for specifi c facilities and amenities including <br />community centers, public art, and other quality <br />of life improvements. The City should explore <br />the suitability of these fees for meeting identifi ed <br />community needs by conducting appropriate <br />outreach to determine if there is a nexus that <br />supports the proposed fee. <br />Partnerships <br />The City has maintained a long-term partnership <br />with the School District regarding the use and <br />maintenance of fi elds and play areas. This has helped <br />the City keep up with the growing demand for league <br />sports and provide neighborhood opportunities for <br />children’s play. The City may want to explore potential <br />partnerships with new non-profi t organizations and <br />businesses that share common values and interests. <br />For example, large employers may be willing to invest <br />in specifi c improvements that will provide health and <br />fi tness opportunities for their employees along with <br />residents. <br />Working with Developers <br />The City should continue to work with the <br />7.A. - Page 62 of 66 <br />174