Title
Chief Administrative Office recommending the Board make a finding that specific projects will provide a significant community benefit by providing housing that is affordable to very low-, low-and/or moderate-income households and award Traffic Impact Mitigation (TIM) Fee Offsets totaling $62,380 in accordance with Board Policy B-14.
FUNDING: Traffic Impact Mitigation Fees.
Body
BUDGET SUMMARY:
Total Estimated Cost $62,380
Funding
Budgeted $62,380
New Funding $
Savings $
Other $
Total Funding Available $62,380
Change To Net County Cost $0
Fiscal Impact/Change to Net County Cost: There is no impact to Net County Cost for the offset of these TIM fees. After the award of these offsets, there would be $2,300,400 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 20 through February 28 and July 30 through August 28. The TIM Fee Offset Review Committee convened to review the sixth round of TIM Fee Offset applications which closed July 15, 2010. The committee includes representatives from the Department of Human Services, Development Services Department, Environmental Management, and the Department of Transportation.
Three applications were submitted for second dwelling units on owner occupied parcels, two located in Placerville (Zone 6, Supervisorial District 2), and one located in the Placerville area (Zone 3, Supervisorial District 4). The committee discussed the applications, rating each on criteria established by Board Policy B-14. The TIM Fee Offset requests total $62,380.
Reason for Recommendation: Based on the recommendations of the TIM Fee Offset ...
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