RES 221300 - Laserfiche WebLink

Resolution No. 22-1300 Page 2 of 5 Boulevard, C-11 D Iron Horse Trail, C-11 E Iron Horse Trail to Shadow Cliffs Connection, C-11 F Iron Horse Trail Connection Improvements at Santa Rita Road, C -11G Iron Horse Trail Bicycle/Pedestrian Overcrossing-Town of Danville, C -11H Iron Horse Trail System -Wide Improvements, C-12 1-680 Interchange Improvements at Hacienda Drive, C-13 Fallon/EI Charro Interchange, C-14 Valley Link Rail (Phase 1), C-15 Technology Enhancements, C-16 1-680 Express Bus Service; and WHEREAS, the TVTC Technical Advisory Committee and Consultant reviewed forecasts of new development in the Tri -Valley, and outlined the status, scope, costs, and anticipated funding for the Projects; and WHEREAS, on August 16, 2021, the TVTC adopted the Tri -Valley Transportation Council 2020 Nexus Study, pursuant to Resolution 2021-10; and WHEREAS, since adopting the 2020 Nexus Study in August 2021, Assembly Bill (AB) 602 was approved by the Governor of California and includes additional requirements for nexus fee studies adopted after January 1, 2022; and WHEREAS, while the 2020 Nexus Fee Study was not required to incorporate AB 602 given its adoption date, TVTC retained Kimley-Hom and Associates, Inc. to complete an AB 602 supplemental analysis to (1) outline the future implications of AB 602 and (2) to proactively define the methodologies of future Nexus Fee Study updates such that they will be compliant with AB 602; and WHEREAS, on April 18, 2022 by Resolution No. 2022-07 the TVTC adopted and recommended, by a vote of all 7 members, the new MDF rates shown in Table 4 below, which are effective July 1, 2022 ("2022 MDF rates") as follows: Table 4 FY 2022/2023 Rate Adjustment Single Family (DU) $5.057 15% $6.596.40 $1.539.40 30.4% Mufti -Family (DU) $3,484 15% $3,889.20 $405.20 11.6% Retail (SF) $3.74 6% $5.07 $1.33 35.6% Office (SF) $8.59 15% $8.81 $0.22 2.5% Industrial (SF) $5.00 15% $4.97 -$0.03 -0.6% Other (avg AM/PM trips) $5,620 12% $6,100.68 $480.68 8.6% DU = Dwelling Units; SF = Square Feet WHEREAS, the Mitigation Fee Act (California Government Code § 66001(a)) requires jurisdictions to make certain statutory findings prior to any action establishing, increasing, or imposing a fee as a condition of approval of a development project and TVTC made such findings as part of its adoption of the 2022 MDF rates; and WHEREAS, the recommended fee rate is 15% of the Maximum Fee Rate for the duration of the SEP for all uses except retail and "other" land uses, which are recommended to be set at 6% and 12% of the Maximum Fee Rates respectively; and