WORKSHOP AGENDA - Laserfiche WebLink

`_&.' - 7, - F.: _LI iii Goals Housing Element [Participate in Kottinger Place Task Force Activities Address affordable housing needs [ AFFORDABLE HOUSING Development Impact Fee "Nexus Study" (AB 1600) 2-year Operating Budget and 4-year Capital Improvement Plan Long-term Fiscal Analysis Comprehensive User Fee Study Vaintain fiscal slisfainability 1 _ I CITY FINANCES Prepare and adopt a Housing Element consistent with State housing law Conduct workshops to discuss affordable housing strategies and _opportunities. Review the potential for redeveloping Kottinger Place and Pleasanton Gardens The City's development fees were last updated in 1998. Assembly Bill 1600 requires cities to conduct a "nexus study" anytime fees are adiusted. The study provides a nexus between new development fees and at future pubic improvements (e.g., parks, streets, public facilities). A revised nexus study would ensure that new development pays its pro rata share of public improvements; it also allows the City to adjust the list of eligible public projects for development fee financing This is a bi-annual effort involving the development of the City's operating budget and capital improvement plan (CIP). The operating budget funds the City's annual services, programs and activities. The CIP is a financial plan that enables construction of various public improvements (e.g., streets parks, facilities, etc). This involves developing long-term financial planning consistent with revenue and expenditure projections, including cost containment initiatives This will involve evaluating City fees to determine appropriateness of !existing amounts. This will primarily involve evaluation of development processing fees (0.9 , planning, building, engineering). Project Description GOD/Housing/CM CMO Finance/CMO Finance/CMO Finance/CMO Responsible Depa Underway. Per Urban Habitat Settlement Agreement new Housing Element will be certified and adopted by late fall/early winter Underway The City Council has approved the Principles of Agreement for continued project activity. Adjacent site acquisition is underway of private property to facilitate future redevelopment. Underway. Review and consideration of new fees planned for summer/fall 2011 Ongoing Budget process begins in May, ends in June Pending completion of the new Housing Element This is necessary to determine build-out conditions in order to forecast community service needs with available financial resources. Completed Results are under review for consideration and presentation to City Council. Review will coincide with the 2011-12 fiscal ,year. Status RANKING Current City Council Priorities