Title
HEARING - To consider the adoption of Resolution 072-2019 for the 2019 Traffic Impact Mitigation Fee Schedule Annual Update. (Est. Time: 30 Min.)
FUNDING: Traffic Impact Mitigation Fee Program.
Body
DISCUSSION/BACKGROUND
On December 6, 2016, the Board adopted the Major Update to the Capital Improvement Program (CIP) and TIM Fee Program as required by the General Plan and in compliance with state law. The 2016 Major Update to the CIP and TIM Fee Program was adopted by Resolution 191-2016.
Resolution 191-2016 states, in part, “said fees shall be adjusted annually by an increase or decrease in the project costs by updating improvement cost estimates using actual construction costs of ongoing and completed projects, the most current cost estimates for those projects that are far enough along in the project development cycle to have project cost estimates, and for all other projects, the Engineering News-Record Building Cost Index.” Additionally, County Ordinance No. 5045 states, in part, “Fees shall be adjusted annually by an increase or decrease by either actual project costs or by Engineering News-Record (ENR) Building Cost Index, as appropriate. TIM Fees shall be set and updated by a resolution as adopted by the Board, and administered via a TIM Fee Administration Manual.”
The purpose of today’s hearing is to adopt the 2019 Annual Update to the TIM Fee Program, which adjusts project costs. Attachment A contains a detailed description of the updated cost estimates.
ALTERNATIVES
Ordinance 5045 requires that the Board adjust the fees annually to reflect changes in construction costs. Any concerns, issues or questions about the TIM Fee program can be addressed during the next major update.
PRIOR BOARD ACTION
On December 6, 2016, the Board adopted the Major Update to the CIP and TIM Fee Program. An extensive background on the CIP and TIM Fee Program was provided as part of the September 22, 2015, December 7, 2015, February 23, 2016, and April 19, 2016...
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