Title
Hearing to consider adoption of Resolution 243-2007 amending the 2004 General Plan Traffic Impact Mitigation (TIM) Fee Program and adoption of the revised Traffic Impact Mitigation Fee Rates.
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 cost increases due to inflation, 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.
Reason for Recommendation:
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 costs of the projects were adjusted using the most current cost estimates for those projects in the Department’s proposed 5-year Capital Improvement Program. For those projects where this level of refinement is not available (generally those projects scheduled for construction after 2012), a multiplier was used based on the California Department of Transport...
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