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Chief Administrative Office, Community Development Finance and Administration Division, requesting the Board approve and authorize the Chair to sign Resolution 119-2022 delegating authority for the annual increase of fees established in development agreements to the Agency Chief Fiscal Officer.
FUNDING: Development Fees.
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DISCUSSION / BACKGROUND
Under California Government Code section 65864 et seq and El Dorado County Ordinance Code Chapter 130.58, the County of El Dorado (County) may enter into a development agreement with an applicant for a development project. The County may require, as a condition of a development agreement, that the applicant pay a fee in connection with approval of the development project.
The County has, in prior development agreements, included authority for the County to annually adjust a fee in a development agreement and includes the method by which the adjustment will be calculated. Traditionally, this annual calculation and increase has been managed by the Chief Administrative Office, Community Development Finance and Administration Division (CDFA). During a recent internal review of processes, it was decided to request that the Board officially delegate the authority to CDFA’s Chief Fiscal Officer for approval of the annual adjustments to the fees listed above and any similar fees established in a development agreement in accordance with the terms of the development agreement.
There are currently two development agreements that include fees subject to an annual adjustment:
The Saratoga Estates Development Agreement No. DA14-0001 (Saratoga DA), approved by the Board on September 13, 2016 (Legistar 16-0533, Item 36), includes an Affordable Housing Fee, which was established at $500 and is subject to an annual adjustment on January 1 of each year based on the Engineering News-Record National Construction Cost Index. The fee has been adjusted through 2021 and is currently $573.72. The increase for 2022 wou...
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