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File #: 21-0775    Version: 1
Type: Agenda Item Status: Approved
File created: 4/30/2021 In control: Board of Supervisors
On agenda: 7/13/2021 Final action: 7/13/2021
Title: HEARING - Department of Transportation recommending the Board adopt and authorize the Chair to sign Resolution 079-2021 for the 2021 Traffic Impact Fee (TIF) Schedule Annual Update. FUNDING: Traffic Impact Fee Program.
Attachments: 1. A - Board Memo, 2. B - Counsel Approval, 3. C - 2021 TIF Program Schedule Update Resolution, 4. D - 2021 TIF Program Schedule, 5. E - TIF Comparison, 6. Executed Resolution 079-2021
Related files: 19-0665, 20-1585, 14-0245, 18-0733, 20-0723
Title
HEARING - Department of Transportation recommending the Board adopt and authorize the Chair to sign Resolution 079-2021 for the 2021 Traffic Impact Fee (TIF) Schedule Annual Update.

FUNDING: Traffic Impact Fee Program.
Body
DISCUSSION/BACKGROUND
On December 8, 2020, the Board adopted the Major Update to the TIF Program (formerly the Traffic Impact Mitigation or TIM Fee Program) as required by the General Plan and in compliance with state law (Item 39, Legistar 20-1585). The 2020 Major Update to the TIF Program was adopted by Resolution 196-2020. General Plan Implementation Measure TC-B and County Ordinance No. 5045 (Ordinance 5045) state that the fee program shall be updated annually for changes in project costs.

Ordinance 5045 states, in part, “Fees shall be adjusted annually by an increase or decrease by either actual project costs or by Engineering News-Record (ENR) Building Cost Index, as appropriate. TIM Fees shall be set and updated by a resolution as adopted by the Board, and administered via a TIM Fee Administration Manual.”

The Major Update to the former TIM Fees, now TIF Program, in December noted that the Capital Improvement Program (CIP) would need to be updated to be consistent with the TIF Program. The 2021 Annual Update to the CIP reviewed the cost estimates from the 2020 TIF Program update. Cost adjustments as made by Transportation staff have been incorporated into this 2021 TIF Annual Update and are listed in Attachment C, Exhibit C.

The purpose of today’s hearing is to adopt the 2021 Annual Update to the TIF Program, which adjusts project costs.

The TIF for all zones and land use types are shown in Exhibit A of the proposed Resolution (see Attachment C). The updated project cost adjustments are shown in Exhibit C of the proposed Resolution (Attachment C) and the comparison of the current 2020 TIF and the proposed 2021 TIF are shown in Attachment E. Depending on the zone and land use type, TIF have increased in Zo...

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