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04
City of Pleasanton
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CITY CLERK
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2022
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060722
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6/2/2022 3:43:26 PM
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6/2/2022 3:37:57 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
6/7/2022
DESTRUCT DATE
15Y
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3. Determine that there is a reasonable relationship between the fee's use and <br /> the type of development project on which the fee is imposed; <br /> 4. Determine that there is a reasonable relationship between the need for the <br /> public facility and the type of development project on which the fee is <br /> imposed; and <br /> 5. Determine that there is a reasonable relationship between the amount of the <br /> fee and the cost of public facilities or portion of the public facilities <br /> attributable to the development on which the fee is imposed. <br /> Summary of the Nexus Study <br /> There have been significant changes in the funding, planning, and traffic conditions <br /> under which the TVTDF was originally developed. In addition, many of the original 22 <br /> projects identified in the previous SEP have been completed and the TVTC identified <br /> 23 new projects (List C) to be considered. Based on these factors an updated nexus <br /> study was prepared to support updates to the TVTDF. The 2020 Nexus Study was <br /> adopted by the TVTC on August 16, 2021. <br /> Since adopting the Nexus Study in August 2021, Assembly Bill (AB) 602 was approved <br /> by the Governor of California and includes additional requirements for nexus fee studies <br /> adopted after January 1, 2022. Although TVTC's Nexus Fee Study was not required to <br /> consider AB 602 given its adoption date, TVTC retained Kimley-Horn and Associates, <br /> Inc. to complete an AB 602 supplemental analysis to (1) understand the future <br /> implications of AB 602 and (2) to proactively define the methodologies of future Nexus <br /> Fee Study updates such that they will be compliant with AB 602. This AB 602 <br /> Supplemental Analysis was adopted by TVTC as part of the April 18, 2022 public <br /> hearing and is proposed for adoption as part of the associated resolution for City <br /> Council consideration. <br /> A summary of the 2020 Nexus Study is as follows: <br /> Forecast Growth <br /> New development within the Tri-Valley is forecast to add 33,312 households and 63,947 <br /> jobs between 2018 and 2040. This growth will produce an increase of 57,596 average <br /> AM/PM peak hour trips. <br /> Project Benefits <br /> Based on forecast projections, the vehicle hour of delay is expected to increase by 60 <br /> percent during the AM and 88 percent during the PM peak. With the 38 improvement <br /> projects, this delay is expected to decrease by 15 percent during the AM peak and 23 <br /> percent during the PM peak when compared to the 2040 No-Build Scenario (see figure <br /> E-1). In addition, these projects will result in other benefits to the Tri-Valley area <br /> including improving roadway safety, improving roadway operations, improving public <br /> transit, and increasing bicycle ridership. <br /> Page 3 <br />
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