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HomeMy WebLinkAboutReso 167-08 Tri-Valley Transp Dev FeeRESOLUTION NO. 167 - 08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ADOPTING THE TRI-VALLEY TRANSPORTATION DEVELOPMENT FEE PURSUANT TO THE REQUIREMENTS OF THE JOINT EXERCISE OF POWERS AGREEMENT WHEREAS, the Association of Bay Governments (ABAG) projects an additional 157,000 new residents, 58,000 new households and 121,000 new jobs in the geographical area comprising the San Ramon Valley, Livermore Valley and Amador Valley by the year 2020; and WHEREAS, unless the traffic impact of additional residents, households and jobs is timely and adequately mitigated, the quality of life for the existing residents of the Cities and Counties within the Tri-Valley area will be adversely affected; and WHEREAS, the City entered into a Joint Exercise of Powers Agreement (JEPA) with the Counties of Alameda and Contra Costa, the Cities of Livermore, Pleasanton, San Ramon and the Town of Danville to collect Tri-Valley Transportation Development Fees on developments within their respective jurisdictions requiring a Land Use Entitlement to fund off-site infrastructure necessary to mitigate the effects of the ABAG projected growth; and WHEREAS, the Tri-Valley Transportation Council (TVTC) identified and prioritized a list of Projects necessary to provide for the mitigation of the ABAG growth projections; and WHEREAS, the TVTC commissioned a study entitled, "Tri-Valley Transportation Council Nexus Study" (Study) to determine what fees should be collected for each land use to generate sufficient revenue to fund the unfunded cost of the selected Projects, A-2a Route 84 Expressway I-580 to I-680 A-2b Isabel Route 84/I-580 Interchange A-3 I-680 Auxiliary Lanes A-Sa I-580 HOV Lane Eastbound A-Sb I-580 HOV Lane Westbound A-7 I-580/Foothill/San Ramon Road Interchange A-9a Crow Canyon Road Improvements Phase 1 A-9b Crow Canyon Road Improvements Phase 2 A-l0a Vasco Road Safety Improvements Phase 1 A-lOb Vasco Road Safety Improvements Phase 2 A-11 Express Bus/Bus Rapid Transit and; Projects from Exhibit Table 4.2, Exhibit B of the Study; B-1 I-580/I-680 interchange (westbound to southbound) B-2 5th eastbound lane on I-580 from Santa Rita to Vasco Road B-3 I-580/First Street interchange modification B-4 I-580/Vasco Road interchange modification B-5 I-580/Greenville Road interchange modification B-6 Jack London Boulevard extension Page 1 of 3 B-7 El Charro Road Extension B-8 Camino Tassajara widening: East Blackhawk Drive to County line B-10 I-680 SB HOV lane Gap Closure, North Main to Livorna B-11 I-680 Express Bus/HOV On- and Off-Ramps B-1lb I-680 Transit Corridor Improvements WHEREAS, the TVTC, by Resolution No. 2008-05, directed each of the signatories of the JEPA to collect the following development fees, which are less than those determined by the Study to be necessary for the designated Fiscal Years and land uses, which fees are less than those determined by the Study to be necessary to fund the unfunded cost of the Projects in List A as 1St priority and List B as 2°d priority, with the exception that funding for improvements between I-680 and Pigeon Pass under Project A-2a would be lower priority than Projects B-1 and B-2 as identified in the Tri-Valley Triangle Study priority list; FY 2009/2010 TVTC Development Fee Schedule Fee Per Unit Single Family Homes $2,036 Du* Multi-Family Homes $1,295 Du* Retail $1,365 1000sf Office $3,653 1000sf Industrial $2,469 1000sf Other $2,262 PHT** Affordable Housing $0 Du* (FY 2008/2009 Fee Rate, including CCI) FY 2010/2011 Fee Per Unit Single Family Homes $3,053 Du* Multi-Family Homes $2,104 Du* Retail* * * $3,400 l OOOsf Office $5,191 1000sf Industrial $3,020 1000sf Other $3,393 PHT** Affordable Housing $0 Du* FY 2011/2012 to FY 2029/2030 Fee Per Unit Single Family Homes $4,275 Du* Multi-Family Homes $2,945 Du* Retail* * * $3,400 1000sf Office $7,267 l OOOsf Industrial $4,227 l OOOsf Other $4,750 PHT** Affordable Housing $0 Du* *Du -Dwelling Unit **PHT -Peak Hour Trip *** Retail set at 15% of maximum for FY 2010/11 to FY 2029/30 WHEREAS, the TVTC acknowledges the need for the creation of additional housing in the Tri-Valley affordable to very low, low, and moderate income households as defined respectively in the State of California Health and Safety Codes Sections 50105, 5007.5, and 50093 or as amended; and Page 2 of 3 WHEREAS, the State of California Housing and Community Development (HCD) encourages affordable housing to remain deed restricted for 45 years for single family residences and 55 years or longer for multi-family projects and by affordability covenants recorded on the property; and WHEREAS, the TVTC waives the TVTD fee for all very low, low and moderate income affordable housing units meeting the applicable State of California Health and Safety Code Sections requirements and having a minimum affordability term of 55 years (multi-family) and 45 years (single family) based on the percentage of affordable housing units to the total number of units in the project; and WHEREAS, the Joint Exercise of Powers Agreement specifies that the Fee amounts are to be adjusted automatically on an annual basis to reflect changes in regional construction costs. The amount of the adjustment is based on the changes in the "Construction Cost Index" (CCI) for the San Francisco Bay Area, as reported annually in the Engineering News Record (ENR); and WHEREAS, the subject application is considered "Not a Project" pursuant to Section 15378 (Project) of the California Environmental Quality Act of 1970, as amended; and is therefore exempt from further environmental analysis. NOW THEREFORE, BE IT RESOLVED, that the development fees directed by the TVTC to be collected will be collected from any development within the jurisdiction of the City of Dublin that will be granted a Land Use Entitlement. PASSED, APPROVED AND ADOPTED this 2nd day of September, 2008, by the following vote: AYES: Councilmembers Hildenbrand, Oravetz, Sbranti, and Scholz and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: G~. ~ ~~ C~ City Clerk Reso 167-08, Adopted 9/2/08, Item 7.2 Page 3 of 3