14 ATTACHMENT 6 - Laserfiche WebLink

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Public Feedback on Development Impact Fee Study (May 1 through September 12, 2018) Page 6 ii. Pleasanton's housing production is primarily limited by available land, the City's General Plan and zoning. iii. The proposed Capital Facilities fee includes 17% of the cost to build a civic center whether relocated to Bernal Park or on the existing site. The 17% allocation reflects future residents and employees as envisioned in the City's General Plan who will benefit from the new facility. The City has developed a plan to fund the balance of the civic center project costs that includes the City's General Fund and a revenue measure that would be placed on a future ballot for approval by the voters. Further, we intend to update the development impact fees every five years that gives the City an opportunity to reassess where we are in terms of revenues collected and the extent to which we have secured additional project funding. iv. The East Pleasanton build-out is part of the City's existing General Plan and staff expect development of East Pleasanton to resume in the not too distant future. Thus, the park identified in the General Plan would need to be constructed. The City does not have a plan that includes a developer acquiring or donating parkland. v. The Vineyard Corridor Park property is currently undergoing mitigation of the methane gas deposits. Once that mitigation effort is complete, the property will be suitable for a park. vi. The $8.1 million for joint use facilities is the City's portion of project costs and therefore not included in the school impact fees charged to developers. The City owns the Amador Theater and that project comprises $5 million of the $8.1 million. vii. Staff are not recommending to charge any administrative fee. viii. Staff is recommending the new fees to commence January 1, 2019 to give developers time to include the costs in their financial plans.