Title
Hearing to consider adoption of Resolution 205-2008 amending the 2004 General Plan Traffic Impact Mitigation (TIM) Fee Program and adoption of the revised Traffic Impact Mitigation Fee Rates.
FUNDING: TIM fees.
Body
BUDGET SUMMARY:
Total Estimated Cost $0.00
Funding
Budgeted $
New Funding $
Savings $
Other $
Total Funding Available $
Change To Net County Cost $0.00
Fiscal Impact/Change to Net County Cost:
Adoption of the Resolution will allow the TIM Fee Program to maintain fees consistent with project cost adjustments, providing necessary funding for Capital Improvement Projects as set forth in Resolution No. 266-2006.
Background:
On August 22, 2006, the Board approved Resolution No. 266-2006 adopting the 2004 General Plan Traffic Impact Mitigation Fee Program pursuant to a comprehensive review. The Board also adopted Resolution No. 265-2006, which certified the Traffic Impact Mitigation Fee Program Supplement to the 2004 General Plan Environmental Impact Report, issued a Supplemental Statement of Overriding Considerations, and made Supplemental Findings of Fact.
Resolution 266-2006 requires the annual review of the TIM fee program and directs the Department of Transportation to return to the Board of Supervisors with a recommendation to adjust the TIM fees, up or down, based on changes in the cost of construction or other costs. On September 25, 2007, the Board adopted Resolution 243-2007 to adjust the fees based on inflation of construction costs during the proceeding year.
Reason for Recommendation:
Calculation of New Fee Rates: The Department has reviewed all the projects contained in the fee program and recommends the fee rates be adjusted to those shown in Exhibit A of the attached resolution (_________). The list of projects included in the fee program, the costs and allocations of those costs to the various components are shown in Exhibit B of the resolution...
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