AgdaPkt 2005-01-24 - Laserfiche WebLink

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5.3A-l REPORT To the Honorable Mayor and City Council From the City Manager January 24, 2005 Subject Revisions to Planning Cost Recovery Policy Recommendation The Council Revenue Sub-Committee recommends that the City Council adopt a Resolution amending the recently approved Cost Recovery Policy to exempt new single family homes and room additions. Background On September 27,2004, the City Council adopted a resolution implementing the Planning Cost Recovery Policy. This new policy allows staff to recover the full cost of providing planning services for projects on sites equal to or greater than }I.¡ acre (10,890 sq. ft.). Please refer to the attached staff report and exhibits dated September 27,2004, for further information. The new policy works as follows. Every applicant makes a pre-application deposit of $5,000 for those projects equal to or above the }I.¡ acre threshold. This deposit covers staff's initial work, including the Plan Review Committee (PRC) review of the development concept1. Following the PRC review, the project planner will estimate future work on the project. Based on this estimation the developer will submit additional funds to cover the City's actual costs for the application review, through to issuance of any permits. Once the project review is completed and all permits are issued, staff will check the remaining account balance and return any unused funds back to the applicant within 90 days of the end of project review. Likewise, there are provisions in the policy for the developer to make additional payments if the City determines that the application deposit is going to be insufficient. The Cost Recovery Policy went into effect 60 days after approval of the resolution (on November 26, 2004) and we have processed several commercial projects under the new rules. Staff has yet to review any single family homes or room additions on lots equal to or greater than }I.¡ acre. 1 The Plan Review Committee (PRC) is made up of staff from all the departments that comment on development applications. The project planner provides a written summary of the PRC discussions to the applicant following the meeting.