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Page 2 of 6 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />certain local agencies are required to prepare a capital improvement plan if they adopt new or update <br />existing impact fees after January 1, 2022. When the City updated its Parks Impact Fees and <br />Transportation Impact Fees, the City Council adopted Parks Impact Fee and Transportation Impact Fee <br />Project Lists in compliance with this requirement. <br />These lists outline the specific projects for which the collected parks and transportation impact fees will <br />be utilized. Government Code Section 66002 addresses the requirements for the adoption and annual <br />update of impact fee capital improvement plans, like the Parks and Transportation Impact Fee Project <br />Lists. Section 66002 provides that if the City adopts an impact fee capital improvement plan, the plan must <br />indicate the approximate expected location, size, time of availability, and an estimate of costs for all <br />facilities or improvements to be financed with the fees. <br />The capital improvement plan must be adopted by the City Council and annually updated by resolution of <br />the City Council adopted at a noticed public hearing. Notice of the public hearing shall be published at <br />least 10 days prior to the hearing and mailed to any city or county which may be significantly affected by <br />the plan. <br />City staff have complied with these notice requirements and are submitting updated Parks and <br />Transportation Impact Fee Project Lists to the City Council for review and adoption. The City’s Annual <br />Parks Impact Fee Project List is in “Attachment A,” and the City’s Annual Transportation Impact Fee Project <br />List is in “Attachment B” to this report. Accepting the Project Lists is separate from the process of <br />allocating funding for capital projects, which occurs during the annual adoption of the Capital <br />Improvement Program (CIP). When adopting the CIP, the City Council will make funding decisions based <br />upon available revenues, including those coming from payment of impact fees. <br />ANALYSIS <br />AB 602 went into effect on January 1, 2022, and adds additional requirements for development impact <br />fee programs and updates adopted under the Mitigation Fee Act. AB 602 requires, among other things, <br />the adoption of the nexus study supporting the fee update and the study’s associated “capital <br />improvement plan” for statutorily defined “large jurisdictions.” The City of Redwood City falls under the <br />definition of a “large jurisdiction.” The City’s Municipal Code also requires the City to maintain both a <br />Parks Impact Fee and a Transportation Impact Fee Project List, which lists all park improvements that are <br />intended to be funded by the parks impact fees and all transportation improvements that are intended to <br />be funded by the transportation impact fees. The Parks Impact Fee Project List, presented for adoption as <br />shown in Attachment A, and the Transportation Impact Fee Project List, presented for adoption as shown <br />in Attachment B, meet AB 602’s requirement for adoption of a capital improvement plan and the City’s <br />Municipal Code requirements for the Parks and Transportation Impact Fee Project Lists. <br />The Parks Impact Fee Project List helps ensure that there is a need for the potential impact fee revenue <br />that is anticipated to be collected. The Parks Impact Fee Project List was developed based on the 2019 <br />Park Needs Assessment Study recommendations, including adding recreational amenities, parks and <br />playgrounds, athletic fields, facilities, and land acquisition for parks. The City’s proposed updated Parks <br />9.B. - Page 2 of 39 <br />507