Title
Department of Transportation recommending the Board consider the following:
1) Approve a Traffic Impact Fee Deferral in line with Board of Supervisors Policy B-3 for tenant improvements for commercial buildings within the Crossings at El Dorado project;
2) Direct County Counsel and the Department of Transportation to work with Crossings at El Dorado, LLC, to prepare the agreement(s) and documents for recordation prior to the issuance of the respective building permits; and
3) Authorize the Director of Transportation to execute any necessary documents and/or agreements to process the deferral request, subject to County Counsel approval.
(District 3)
FUNDING: Developer Funded.
Body
DISCUSSION / BACKGROUND
The Crossings at El Dorado project, formerly Sundance Plaza, was originally approved in 1998, though it was not constructed at that time. The project as a whole includes an approved Development Plan (PD97-0011), a rezone (Z97-22), an approved tentative map (P97-0017), and a now-expired Development Agreement (DA98-0001). It is located on Missouri Flat Road, in Placerville, in the County of El Dorado, from approximately 380 feet North of Plaza Drive to approximately 525 feet North of Headington Road.
Phase 1 of Crossings at El Dorado includes multiple retail locations, several of which have already been constructed or are currently under construction, including the 7-Eleven gas station and convenience store, Dutch Bros. Coffee, and America’s Tire.
Additional retail spaces are planned within the project limits. Permits #0372339, #0372340, and #0372886 for retail shell buildings were issued on June 12, 2024. Each shell building contains two retail storefronts, each having separate building permits issued for the respective tenant improvements.
Prior to issuance of the shell building permits, Crossings at El Dorado, LLC (Developer) requested deferral of the traffic impact fees (TIF) for the shell buildings to the issuance of the certificate of occup...
Click here for full text