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HomeMy WebLinkAboutReso 68-15 Tri-Valley Trans JPA RESOLUTION NO. 68- 15 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, population and employment projections estimate an additional 123,000 residents, 45,000 households, and 56,000 jobs in the geographical area comprising the San Ramon Valley, Livermore Valley, and Amador Valley by the year 2040; and WHEREAS, unless the traffic impact created by these 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 of Dublin 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 projected growth; and WHEREAS, the Tri-Valley Transportation Council (TVTC) identified and prioritized a list of projects necessary for the mitigation of the growth projections; and WHEREAS, The TVTC commissioned a study titled, Tri-Valley Transportation Council Nexus Study, adopted on February 26, 2008 ("Study") to determine what fees should be collected for each land use to generate sufficient revenue to fund the unfunded cost of the following selected transportation projects ("Projects"); and A-2a Route 84 Expressway 1-580 to 1-680 A-2b Isabel Route 84/1-580 Interchange A-3 1-680 Auxiliary Lanes A-5a 1-580 HOV Lane Eastbound A-5b 1-580 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-10a Vasco Road Safety Improvements Phase 1 A-10b Vasco Road Safety Improvements Phase 2 A-11 Express Bus/Bus Rapid Transit B-1 1-580/1-680 interchange (westbound to southbound) B-2 5th eastbound lane on 1-580 from Santa Rita to Vasco Road B-3 I-580/First Street interchange modification B-4 I-580Nasco 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 1-680 SB HOV lane Gap Closure, North Main to Livorna B-11 1-680 Express Bus/HOV On- and Off-Ramps B-11 b 1-680 Transit Corridor Improvements; and WHEREAS, on June 19, 2014, the TVTC approved the following development fees and directed each of the signatories of the JEPA to collect the fees, which are less than those determined by the Study to be necessary for the designated fiscal years and land uses, and which are less than those determined by the Study to be necessary to fund the unfunded cost of the Projects; and TVTC Development Fee Schedule FY 2014/2015 Fee Per Unit Single Family Homes $2,433 Du* Multi-Family Homes $1,549 Du* Retail $1,620 1,000sf Office $4,370 1,000sf Industrial $2,950 1,000sf Other $2,433 PHT** Affordable Housing $0 Du* FY 2015/2016 Fee Per Unit Single Family Homes $3,060 Du* Multi-Family Homes $2,108 Du* Retail*** $3,410 1,000sf Office $5,200 1,000sf Industrial $3,030 1,000sf Other $3,400 PHT** Affordable Housing $0 Du* FY 2016/2017 Fee Per Unit Single Family Homes $4,283 Du* Multi-Family Homes $2,951 Du* Retail*** $3,410 1,000sf Office $7,280 1,000sf Industrial $4,240 1,000sf Other $4,759 PHT** Affordable Housing $0 Du* *Du — Dwelling Unit **PHT— Peak Hour Trip *** Retail set at 15% of maximum for FY2014/15 to FY 2016/17 Page 2 of 3 WHEREAS, The JEPA 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). NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Dublin that the development fees will be collected, as directed by TVTC, from any development within the jurisdiction of the City of Dublin that will be granted a land use entitlement. PASSED, APPROVED AND ADOPTED this 19th day of May, 2015, by the following vote: AYES: Councilmembers Biddle, Gupta, Hart, Wehrenberg, and Mayor Haubert NOES: None ABSENT: None ABSTAIN: None . 'l.aAi A1 A a or ATTEST: (j� alA9 City Clerk Reso No. 68-15,Adopted 5-19-15, Item 6.1 Page 3 of 3