Title
Department of Transportation recommending the Board:
1) Receive the second presentation on the Traffic Impact Fee (TIF) Program and how it interacts with the Capital Improvement Program (CIP) and Transportation processes; and
2) Provide direction to staff for implementation.
FUNDING: Traffic Impact Fee Program, Road Fund.
Body
DISCUSSION/BACKGROUND
This second workshop is being presented at the request of the Board of Supervisors, with the first workshop being held on September 28, 2021 (Item 25, Legistar 21-1331).
At the September 28, 2021 workshop, the Board identified the following items for the Department of Transportation to bring back with additional information:
1) Examples of Level of Service (LOS) volume thresholds for roads of interest
2) Growth factor review
3) Twenty-year horizon for TIF Program
4) Development Agreements - when they are appropriate and how they are incorporated into a project and the CIP/TIF Program
5) Affordable housing discussion
6) Translate growth tables into maps
7) Bonds for projects
8) Other revenue sources for CIP projects
9) How safety projects are defined
10) How Measure E is addressed in development projects
ALTERNATIVES
N/A
PRIOR BOARD ACTION
On December 8, 2020, the Board adopted the Major Update to the TIF Program (Item 39, Legistar 20-1585). The Board adopted the 2021 CIP on June 8, 2021 (Item 54, Legistar 21-0624).
OTHER DEPARTMENT/AGENCY INVOLVEMENT
Planning and Building Department, CAO, Community Development Finance & Administration, and County Counsel
CAO RECOMMENDATION
Receive and file the presentation and provide direction.
FINANCIAL IMPACT
There is no change to Net County Cost associated with this agenda item.
CLERK OF THE BOARD FOLLOW UP ACTIONS
N/A
STRATEGIC PLAN COMPONENT
TIF Program funding is a major funding source for the CIP, which is a vital part of the Infrastructure component of the County Strategic Plan. Adequate infrastructure is necessary for the Economic Devel...
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