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On May 15, 2018, the City Council adopted the Johnson Drive Economic Development Zone Transportation Fee (JDEDZ Transportation Fee) (Ordinance No. 2178). The JDEDZ approvals and the JDEDZ Transportation Fee were rescinded on October 2, 2018 in order for the City to perform additional environmental review of the project (Ordinance No. 2184). The additional environmental review has been completed and on February 4, 2020 the City Council reapproved the JDEDZ. Staff is now recommending that the City Council also reapprove the JDEDZ Transportation Fee. DISCUSSION The following table summarizes the allocation of the transportation improvements project costs by land use (excluding the $10.4 million Stoneridge Drive and 1-680 Interchange project which is the City's responsibility): Allocation of Costs Based Actual on Trips % of Allocation of % of JDEDZ Land Uses Generated Total Costs Total Costco - Covered by Cash Contribution $7,553.480 44% $8,583,500 50% Hotels - Fronted by Costco & Repaid thru Sales Tax Sharing and/or Future Fee 2,060,040 12% $1,864,146 11% Remaining Retail - Fronted by Costco & Repaid thru Sales Tax Sharing and/or Future Fee 7,553,480 44% $6,719,377 39% $17,167,000 $17,167,023 Total Costs to be allocated through JDEDZ Fee $8,583,523 Note: $23 difference is related to rounding Staff is proposing to assign the $8.6 million of roadway improvement projects to the future developments based on the percent of total trips generated by the new uses. The determination of number of trips is based on the land use and the building square footage proposed in the JDEDZ. This methodology results in a range of$26.78 to $36.40 per building square foot to convert from an existing use to retail. The range of rates is necessary to factor in the various existing uses on the parcels and account for the trips that they produce today, as those are not considered "new". For parcels that are currently vacant, the fee rate is $38.16 per square foot to construct retail. The fee for hotels is $14.12 per building square foot. Using that methodology would result in the following fees by parcel: Page 5 of 7