Agda Pkt 2025.12.08 Joint SA PFA

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Page 3 of 6 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org Impact Fee Project List (Attachment A) indicates potential investments, including general project location, estimated size, estimated cost, and timeline. This year there are a few changes to accelerate project timelines but no changes to the overall list of projects. The accelerated projects were specified by a particular year rather than a 5-year timeframe. The Parks Impact Fee Project List is programmatic in nature with respect to the purchase of land because such sites can only be identified when sufficient impact revenue has been collected for the acquisition. A summary of current improvement projects can be found here. The Transportation Impact Fee Project List helps ensure that there is a need for the potential impact fee revenue that is anticipated to be collected from the updated fees. The Transportation Impact Fee Project List is developed based on the 2023 Transportation Impact Fee Study recommendations and includes both multi-modal, traffic operation, and roadway improvement projects as identified in the City’s adopted transportation programs and required to support the growth envisioned in the City’s Focused General Plan Update. Staff presented the initial Transportation Impact Fee Project List to the City Council on January 8, 2024. The City’s proposed updated Transportation Impact Fee Project List (Attachment B) indicates potential investments, estimated size, estimated cost, and timeline. Additionally, because many transportation projects traverse several neighborhoods, the Project List only contains a general location. To aid in an understanding of the scope of these projects the project list also contains a Transportation Impact Fee Project Map that identifies the proposed projects in the context of neighborhoods. The proposed updated Transportation Impact Fee Project list does not add or delete any projects but does accelerate the anticipated timeframe for several projects, placing them in earlier timeframes. Those projects with accelerated timeframes are shown in orange text within Attachment B. EQUITY IMPACT STATEMENT As noted earlier in the report, the annual update of impact fee project list is a state law requirement that ensures that there are sufficient projects listed to warrant the collection of the impact fee. Additionally, the City annually adopts a Capital Improvement Program (CIP) and makes funding decisions based upon available revenues, including those coming from payment of impact fees. The actions associated with the approval and adoption of the CIP also take equity into consideration. The following sections highlight some of the opportunities to support residents of all backgrounds and incomes utilizing the facilities that will be constructed with the revenues collected from impact fees. Parks: Redwood City’s current parkland ratio is 2.25 acres per 1,000 residents, which is below the City’s adopted parks service standard of 3 acres per 1,000 residents. Additionally, access to parkland and amenities is not equitably distributed throughout the City.   As the City adds new housing, the Parks Impact fee provides for the needs created by the new residential population. The 2019 Parks, Recreation & Community Services Needs Assessment highlights the need for the City to acquire additional parkland to serve neighborhoods that have fewer than the standard 3 acres per 1,000 residents, and the need to add new parks and recreational amenities for underserved neighborhoods, several of which overlap areas that are also designed as Equity Priority Communities as defined by the Metropolitan Transportation Commission (MTC). Recently funded parks projects, including improvements to Hoover Park and Jardin de Niños are intended to improve park and recreation opportunities in higher and highest equity priority 9.B. - Page 3 of 39 508