ORD 2215 - Laserfiche WebLink

Ordinance No. 2215 Page 6 of 6 C. "Johnson Drive Economic Development Zone" means the area subject to PUD- 105, adopted by Ordinance No. 2171, as shown on Exhibit A. D. "Street improvements" means the following improvements, described in more detail in the Supplemental Environmental Impact Report that the city council certified, by Resolution No. 17-976, for the Johnson Drive Economic Development Zone: 1. Commerce Drive at Johnson Drive Signal (Mitigation 4.D-1a) 2. Johnson Drive at Owens Drive (North) Signal (Mitigation 4.D-1b) 3. Johnson Drive at Stoneridge Drive Intersection - left turn (Mitigation 4.D-1c) 4. Johnson Drive widening (Mitigation 4.D-3) 3.44.040 Amount of Fee A. The amount of the fee shall be established by resolution of the city council. The fee shall be based on the cost of the street improvements divided by the total new trips generated by development. The number of total trips shall be based on land use type and building square footage of development. B. The fee shall be subject to an annual inflation adjustment on January 1 of each year based upon the Engineering New Record Construction Cost Index for the San Francisco — Bay Area. 3.44.050 Payment of Fee A. The full amount of the fee shall be paid at the time of: issuance of a building permit; or conversion or change in use of an existing structure which individually or cumulatively increases the number of peak hour trips by 10 or more. B. Development consisting of the repair or replacement of structures, provided that such repair or replacement does not result in any conversion or change in land use, or any enlargement of gross floor area beyond that of the previous structure, is exempt from the fee. 3.44.060 Use of Funds The fees shall be placed in a separate fund and shall be used only for the purpose of acquiring land for, and constructing, the street improvements. 3.44.070 Credits If a developer dedicates land for and/or constructs a portion of the street improvements, the City and the developer may enter into an agreement to provide a credit against payment of the fee or a portion of the fee. Credits shall be reasonably calculated by the Community Development Director, or his or her designee.