Title
Chief Administrative Office recommending the Board make a finding that a specific project (Ryan Second Dwelling Project) will provide significant community benefit by providing housing that is affordable to very low-, low-and/or moderate-income households and award a Traffic Impact Mitigation (TIM) Fee Offset of $27,180 in accordance with Board Policy B-14. (Est. Time: 5 Min.)
FUNDING: Traffic Impact Mitigation Fees.
Body
BUDGET SUMMARY: |
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Total Estimated Cost |
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$27,180 |
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Funding |
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Budgeted |
$27,180 |
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New Funding |
$ |
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Savings |
$ |
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Other |
$ |
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Total Funding Available |
$27,180 |
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Change To Net County Cost |
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$0 |
Fiscal Impact/Change to Net County Cost: There is no impact to Net County Cost for the offset of this TIM fee. After the award of the offset, there would be $2,984,420 remaining in the TIM Fee Offset program. A summary of the TIM fee offsets from inception of the program is attached.
Background: On December 11, 2007, the Board adopted policy B-14, Traffic Impact Mitigation (TIM) Fee Offset Program for Developments with Affordable Housing Units. The TIM Fee Offset Committee considers requests from developers twice each year from January 1 through 15 and July 1 through 15. The TIM Fee Offset Review Committee convened to review the seventh round of TIM Fee Offset applications which closed January 18, 2011. The committee includes representatives from the Department of Human Services, Development Services Department, Environmental Management, and the Department of Transportation.
One application was submitted for a second dwelling unit on an owner occupied parcel located in Rescue (Zone 2, Supervisorial District 4). The committee reviewed and rated the application based upon criteria established by Board Policy B-14. The TIM Fee Offset request is for $27,180.
Reason for Recommendation: Based on the recommendation of the TIM Fee Offset Committee, the Chief Administrative Officer recommends that the Board make a finding that the following project will provide a significant community benefit by providing housing that is affordable to very low-, low-and/or moderate income households and approve the TIM Fee Offset amount for the following applicant:
Ryan Second Dwelling Unity Project (Supervisorial District 4) - $27,180
Details about the project as well as the recommendation of the TIM Fee Offset Committee are attached to this item.
Action to be taken following Board approval: The TIM Fee Offset Committee will notify the applicant of the TIM Fee Offset approval.
Contact: Ren Scammon, Department of Human Services, 642-4852