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Community Development Agency, Long Range Planning Division, recommending the Board, in accordance with Board Policy B-14, Traffic Impact Mitigation Fee Offset for Developments with Affordable Housing Units:
1) Make a finding that the Cameron Glen Phase 5 single family residential project in Cameron Park provides significant community benefit by providing housing that is affordable to moderate- income households and approve the recommendation to Award Traffic Impact Mitigation Fee Offset totaling $221,250;
2) Make a finding that the Diamond Springs Village multifamily residential project in Diamond Springs provides significant community benefit by providing housing that is affordable to very low- and low-income households and approve the recommendation to Award a Traffic Impact Mitigation Fee Offsets totaling $1,463,200; and
3) Authorize the Community Development Agency Interim Director, or successor, to execute all documents associated with the Traffic Impact Mitigation Fee Offset Program.
FUNDING: Traffic Impact Mitigation Fees.
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DEPARTMENT RECOMMENDATION
Community Development Agency, Long Range Planning Division recommending the Board, in accordance with Board of Supervisors Policy B-14, Traffic Impact Mitigation (TIM) Fee Offset for Developments with Affordable Housing Units:
1) Make a finding that the Cameron Glen Phase 5 single family residential project in Cameron Park provides significant community benefit by providing housing that is affordable to moderate- income households and approve the recommendation to Award Traffic Impact Mitigation (TIM) Fee Offset totaling $211,250;
2) Make a finding that the Diamond Springs Village multifamily residential project in Diamond Springs provides significant community benefit by providing housing that is affordable to very low- and low-income households and approve the recommendation to Award a Traffic Impact Mitigation (TIM) Fee Offsets totaling $1,463,200;
3) Authorize the Community Development Agency ...
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