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Alternative 2 Transportation Fees Existing Alternative 2 Land Use Fees Fees Difference Basis Single Family (per unit) $5,181 $9,112 $3,931 Maximum Multi-Family (per unit) 3,626 5,607 1,981 Maximum Retail (per sq ft) 14.50 17.90 3.40 75% of Maximum Office (per sq ft) 6.90 10.67 3.77 75% of Maximum Hotel/Motel (per room) 3,109 6,008 7.32 Maximum R&D (per sq ft) 5.18 10.71 5.53 Maximum Industrial ( per sq ft) 5.18 8.61 3.43 Maximum CONCLUSION This Nexus Study simply provides an analysis regarding the maximum limits the City can collect for each development impact fee category; ultimately the fee amounts are determined by City Council policy and can be set lower than the maximum amounts identified in the nexus reports. However, in setting those new fees it is important to note that the City will need to ensure that fee amounts are sufficient to fund new amenities and mitigate future impacts resulting from future development as proposed in the General Plan and other City planning documents. It is also important to consider economic impacts and regional comparisons when establishing new fee amounts. Staff took all of those factors into account when developing recommendations. Staff will present recommendations and alternatives more in depth at the September 4, 2018 City Council meeting. Finally, future Development Impact Fee updates will occur every five years or after the City's next Regional Housing Needs Assessment (RHNA) cycle or other major General Plan amendment if that occurs sooner. Jointly S bmitted by: roll Brian Dolan Tina Olson Gerry Beaudin Assistant City Manager Director of Finance Director of Community Development Page 15 of 16