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Department of Transportation recommending the Board Approve the Final Passage (Second Reading) of Ordinance 5173 amending County Code Chapter 12.28, Traffic Impact Fee (TIF) Program, Ordinance 5144, to revise the cost index used to calculate annual updates to the TIF Program Fee Schedule. (Cont. 1/10/2023, Item 25)
FUNDING: TIF Program.
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DISCUSSION / BACKGROUND
On January 10, 2023, the Board heard the Introduction (First Reading) of Ordinance 5173 and continued the matter to February 14, 2023 for Final Passage (Second Reading).
On November 15, 2022 (Item 30, Legistar 22-1653), in accordance with Board Policy A-3, the Board gave conceptual approval to amend County Ordinance 5144, Chapter 12.28, Traffic Impact Fee (TIF) Program, Section 12.28.050 to revise the cost index used to calculate annual updates to its fee schedule. Per the Board’s direction, and based on analysis performed by Department of Transportation (Transportation) staff, the cost index will be changed from the Engineering News-Record (ENR) Building Cost Index to the ENR Construction Cost Index. Additional analysis supporting the change can be found attached to the November 15, 2022 item.
ALTERNATIVES
The Board could choose not to approve this recommendation, which would result in no change to Ordinance 5144.
PRIOR BOARD ACTION
December 13, 2016 (Item 43, Legistar 14-0245 v23) - The Board approved the Final Passage (Second Reading) of Ordinance 5045 amending Chapter 12.28 of the Ordinance Code for El Dorado County, California that provides for a General Plan Traffic Impact Mitigation Fee Program, consistent with California Government Code Section 66000. Ordinance 5045 went into effect on February 11, 2017.
August 31, 2021 (Item 24, Legistar 21-0749) - The Board approved the Final Passage (Second Reading) of Ordinance 5144 amending Chapter 12.28 Traffic Impact Mitigation (TIM) Fee Program to update the program name to the TIF Program. Ordinance 5144 went into effect on September 30,...
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